Ablon Group, a leading real estate owner and developer in Budapest with a well-established presence in Prague and new sites in Bucharest, will announce its financial results for the full year 2006 on Thursday, 29 March 2007.
The company will host a conference call to present the results at 3:00 pm (CET) / 2:00 pm (London Time) / 9:00 am (New York Time). The results statement and related documentation will be available on Ablon Group’s website at www.ablon-group.com.
To participate in the conference call, please register at:
The dial in number to join the conference call will be available upon registration.
ABOUT ABLON GROUP
Founded in 1993 in Budapest (Hungary), Ablon Group has successfully completed properties at 13 locations comprising 15 completed projects (including two completed projects that have been sold) and currently has properties at 19 locations comprising 34 development projects (including properties being developed in multiple phases) in Budapest (Hungary), Prague (Czech Republic) and Bucharest (Romania). Its portfolio comprises a diversified mix of office, residential, retail, logistics and hotel developments valued at €405.8 million by King Sturge, an independent valuation firm, as at 30 September 2006. Ablon has to date developed approximately 140,000 square meters of real estate and its current development projects are expected to comprise approximately a further 690,900 square meters. For the nine months ended 30 September 2006, Ablon generated gross rental income of €6.7 million and generated gross residential income of €2.7 million. Ablon’s shares are traded on the AIM market of the London Stock Exchange under the ticker ‘ABL’.
