Brief: Care Property Invest FY Adjusted EPS Up At EUR 34.3 Million

Care Property Invest NV

08/03/2023 16:57

March 8 (Reuters) - Care Property Invest NV  CPINV.BR :
    * 2022 PROPERTY PORTFOLIO WAS EXPANDED WITH 16 ACQUIRED
PROJECTS
WITH A TOTAL INVESTMENT VALUE OF €211
    * THE COMPANY OBTAINED AN EPS OF €1.24 AND PROPOSES TO
DISTRIBUTE
A DPS OF €1.00
    * OUTLOOK: COMPANY WILL LIMIT ITS GROWTH SO THAT THE DEBT
RATIO
WILL NOT EXCEED 50% AND THE INCREASED COST OF CAPITAL  SHOULD
ALSO TRANSLATE INTO HIGHER RETURNS, ENSURING THE VALUE-ADDED
NATURE OF NEW INVESTMENTS
    * IN 2022, CARE PROPERTY INVEST REACHED THE THRESHOLD OF
APPROXIMATELY €54.4 MILLION IN RENTAL INCOME, AN INCREASE  OF
APPROXIMATELY 25.78% COMPARED TO THE PREVIOUS FINANCIAL YEAR.
    * THE ADJUSTED EPRA EARNINGS INCREASED FROM €27.5 MILLION
FOR THE
2021 FINANCIAL YEAR TO €34.3 MILLION FOR THE 2022  FINANCIAL
YEAR, AN INCREASE OF 25.1%
    * END-DEC OCCUPANCY RATE 100%

Source text for Eikon:  ID: 
Further company coverage:  CPINV.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))