Annual Report 2023

12. Investment properties

JMH owns a property, which was partially rented to a Group company generating profits in the amount of €203 thousand (2022: €202 thousand). This property is valued at its market value, according to an independent valuation, regularly confirmed with the application of income method and is recorded at €2,470 thousand (2022: €2,470 thousand).

In 2023, JMH incurred expenses regarding this property in the amount of €5 thousand (2022: €4 thousand), recognised in results in other operating costs.

Tag Manager