Brief: Eurocommercial Properties 9 Months Gross Rental Income Up At Eur 169.9 Mln

Eurocommercial Properties NV

03/11/2023 06:36

Nov 3 (Reuters) - Eurocommercial Properties NV
 ECMPA.AS :
    * Q3 STRONG LIKE-FOR-LIKE RENTAL GROWTH OF 8.3%
    * DIRECT INVESTMENT RESULT GUIDANCE FOR THE FULL YEAR 2023
UPDATED, NOW RANGING BETWEEN €2.30 AND €2.35 PER SHARE
    * FOR THE NINE MONTHS TO 30 SEPTEMBER 2023 RETAIL SALES AND
FOOTFALL WERE RESPECTIVELY 7.2% AND 4.2% HIGHER THAN THE SAME
PERIOD LAST YEAR
    * OCCUPANCY COST RATIO (OCR) WAS 9.6% AT 30 SEPTEMBER 2023
    * INTERIM CASH DIVIDEND OF 0.64 EUROS PER SHARE EXPECTED TO
BE
PAID IN JAN 24
    * GROSS RENTAL INCOME FOR THE NINE MONTHS WAS €169.9
MILLION, 6.9%
HIGHER THAN THE SAME PERIOD LAST YEAR
    * EPRA VACANCY FOR THE PORTFOLIO AT 30 SEPTEMBER 2023
REMAINED
VERY LOW AT 1.5%, RANGING FROM 0.9% TO 2.2% IN OUR FOUR MARKETS
    * THE IFRS PROFIT AFTER TAXATION ATTRIBUTABLE TO OWNERS OF
THE
COMPANY AT 30 SEPTEMBER 2023 WAS €66.5 MILLION

Source text for Eikon:  ID:nGNE8YcWGd 
Further company coverage:  ECMPA.AS 

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