Brief: Care Property Invest FY Rental Income Up At EUR 36.2 MILLION

Care Property Invest NV

09/03/2021 17:36

March 9 (Reuters) - Care Property Invest NV  CPINV.BR :
    * PUBLICATIE JAARRESULTATEN 2020 CARE PROPERTY INVEST
    * END-DECEMBER PROPERTY PORTFOLIO HAS BEEN EXPANDED WITH A
RECORD
AMOUNT OF €250 MILLION
    * EXPECTS RENTAL INCOME TO INCREASE TO AT LEAST €43 MILLION
BY THE
END OF 2021
    * INCREASE IN ADJUSTED EPRA EARNINGS TO €1.00 PER SHARE AND
AN
INCREASE IN THE DIVIDEND TO BE PAID FROM €0.80 PER SHARE TO A
MINIMUM OF €0.82 FOR FINANCIAL YEAR 2021 ARE ALSO EXPECTED
    * IN 2020, CARE PROPERTY INVEST REACHED THRESHOLD OF
APPROXIMATELY
€36.2 MILLION IN RENTAL INCOME, INCREASE OF APPROXIMATELY 22.8%
COMPARED TO PREVIOUS FY
    * END-DEC OCCUPANCY RATE 100%
    * ADJUSTED EPRA EARNINGS INCREASED FROM €18.7 MILLION FOR FY
2019
TO €23.0 MILLION FOR FY 2020, AN INCREASE OF ALMOST 22.8%

Source text: https://bit.ly/3epmSHg
Further company coverage:  CPINV.BR 

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