Brief: Care Property Invest Fy Operating Income Up At 36.0 Million Euros

Care Property Invest NV

18/03/2020 17:14

March 18 (Reuters) - CARE PROPERTY INVEST NV  CPINV.BR :
    * PROPOSAL TO DISTRIBUTE A GROSS DIVIDEND OF EUR 0.77 PER
SHARE ON
THE FULL FISCAL YEAR 2019
    * FAIR VALUE PROPERTY PORTFOLIO AT DEC 31, 2019 EUR 644
MILLION
VERSUS EUR 521 MILLION YEAR AGO
    * OCCUPANCY RATE AT DEC 31, 2019 AT 100% VERSUS 100% AT DEC
31,
2018
    * CORONAVIRUS AND ASSOCIATED MEASURES TO CONTROL VIRUS MAY
HAVE
IMPACT ON FINANCIAL PERFORMANCE OF 2020 AND VALUATION OF CERTAIN
ASSETS AND LIABILITIES
    * 2020 OUTLOOK: EXPECTS RENTAL INCOME TO RISE TO EUR 35
MILLION BY
THE END OF 2020
    * FY OPERATING INCOME EUR 36.0 MILLION VERSUS EUR 27.8
MILLION
YEAR AGO
    * 2020 OUTLOOK: EXPECTS ALSO AN INCREASE IN ADJUSTED EPRA
EARNINGS
TO EUR 0.93 P/SH
    * ADJUSTED EPRA GAIN € 18,7 MILLION AT DEC 31, 2019 VERSUS €
16,7
MILLION AT DEC 31, 2018
    * FY NET RENTAL INCOME EUR 29.5 MILLION VERSUS EUR 25.2
MILLION
YEAR AGO

Source text for Eikon:  ID:nNDL6zbWZG 
Further company coverage:  CPINV.BR 

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