{"id":11402,"date":"2016-04-26T14:13:46","date_gmt":"2016-04-26T07:13:46","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=11402"},"modified":"2016-04-26T12:23:49","modified_gmt":"2016-04-26T05:23:49","slug":"dubais-emaar-malls-q1-net-profit-grows-22-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-emaar-malls-q1-net-profit-grows-22-per-cent\/","title":{"rendered":"Dubai's Emaar Malls Q1 net profit grows 22 per cent"},"content":{"rendered":"


\nDubai’s Emaar Malls, a unit of Emaar Properties, reported a 22 per cent rise in first-quarter net profit on Tuesday as its rental income grew.Emaar Malls made a net profit of Dh529 million in the three months to March 31, up from Dh433m in the same period a year earlier, it said in a statement.EFG Hermes forecast Emaar Malls would make a quarterly net profit of Dh451.9m.Emaar Malls’ quarterly rental income was Dh833m, up 14 per cent year-on-year.Its malls achieved 96 per cent occupancy and attracted about 31 million visitors in the first three months of 2016, which were both similar levels to a year earlier, the company said without elaborating.Parent firm Emaar Properties owns about 85 per cent of Emaar Malls, having floated the remainder in 2014. At the time, the Dh5.8 billion share sale was the Gulf’s largest since 2008.business@thenational.ae
\n
\nSource : thenational.ae
\nRead more…Dubai’s Emaar Malls Q1 net profit grows 22 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai’s Emaar Malls, a unit of Emaar Properties, reported a 22 per cent rise in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-11402","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2XU","jetpack-related-posts":[{"id":33268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-malls-reports-higher-profit-on-rental-income\/","url_meta":{"origin":11402,"position":0},"title":"Emaar Malls reports higher profit on rental income","date":"November 6, 2016","format":false,"excerpt":"\r Emaar Malls reported a 16 per cent rise in third-quarter net profit to Dh435 million as rental income increased.The shopping malls and retail business majority owned by global property developer Emaar Properties, said that rental income for the three months to the end of September 2016 increased 8 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21094,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-emaar-malls-second-quarter-profit-up-11-2\/","url_meta":{"origin":11402,"position":1},"title":"Dubai's Emaar Malls second-quarter profit up 11.2%","date":"July 27, 2016","format":false,"excerpt":"\r Dubai's Emaar Malls, a unit of Emaar Properties which operates high-end retail facilities including Dubai Mall, reported an 11.2 per cent rise in second-quarter net profit on Wednesday.Emaar Malls made a net profit of Dh458 million in the three months to June 30 compared with a profit of Dh412m\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4023,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-profit-for-dubais-emaar-malls-less-than-expected\/","url_meta":{"origin":11402,"position":2},"title":"Rise in profit for Dubai's Emaar Malls less than expected","date":"February 8, 2016","format":false,"excerpt":"\r \r The tills may still be ringing and the droves of tourists still arriving, but Dubai's retail juggernaut showed signs of slowing slightly yesterday as fourth-quarter profit at the emirate's largest shopping centre owner missed analysts' expectations. Profit for the quarter ended December at Emaar Malls Group, which owns\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42415,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-malls-quarterly-profit-edges-higher\/","url_meta":{"origin":11402,"position":3},"title":"Emaar Malls quarterly profit edges higher","date":"January 31, 2017","format":false,"excerpt":"\r Emaar Malls, the company behind The Dubai Mall, said yesterday its fourth-quarter net profit rose 4 per cent, missing analysts' expectations, as visitor numbers remained flat last year.Net profit in the three months to December 31 rose to Dh452 million from Dh435m a year earlier, Emaar Malls said. Sico\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7756,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-increases-rent-in-shopping-spaces-including-the-dubai-mall\/","url_meta":{"origin":11402,"position":4},"title":"Emaar increases rent in shopping spaces including The Dubai Mall","date":"March 13, 2016","format":false,"excerpt":"\r \r One of Dubai's biggest landlords of shopping space has increased rents for retailers already tackling a slowdown in economic activity in the emirate. Emaar Malls, 84 per cent owned by parent Emaar, has raised rents at its properties, which include \"trophy asset\" The Dubai Mall, by 14 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-increases-retail-rent-in-shopping-spaces-including-the-dubai-mall\/","url_meta":{"origin":11402,"position":5},"title":"Emaar increases retail rent in shopping spaces including The Dubai Mall","date":"March 13, 2016","format":false,"excerpt":"\r \r One of Dubai's biggest landlords of shopping space has increased rents for retailers already tackling a slowdown in economic activity in the emirate. Emaar Malls, 84 per cent owned by parent Emaar, has raised rents at its properties, which include \"trophy asset\" The Dubai Mall, by 14 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11402"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=11402"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11402\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}