Plaza Centers with lower net loss

Real estate developer Plaza Centers reported a consolidated net loss of €103.26 million in 2014, compared with a loss of €218 million in 2013, the company announced recently. The company’s operating loss amounted to PLN 88.84 million, versus PLN 185 million in the previous year. Sales revenue stood at PLN 62.42 million compared to PLN 27.02 million in 2013. The Plaza Centers Group is an emerging markets developer of shopping and entertainment centers, focusing on developing new centers and redeveloping existing centers, in both capital cities and important regional centers. It has been listed on the WSE since 2007.