The company - which is also listed in London‚ Bucharest and Romania - achieved distributable earnings of €25.95c per share‚ benefiting from continued strong performance in the its assets‚ the favourable effect of the acquisition of City Business Centre in February last year.

Additional rental income generated through various re-developments that were completed towards the end of the prior year and a settlement with the vendors of Promenada Mall. The settlement gave rise to €7.1m in non-recurring distributable earnings.

The full year distribution was €23.29c per share‚ up 15% from the same time a year ago.