Brief: Eurocommercial Properties End-Dec Rental Growth Up 2.4% LFL

Eurocommercial Properties NV

05/02/2020 07:16

Feb 5 (Reuters) - EUROCOMMERCIAL PROPERTIES NV  SIPFc.AS :
    * LIKE-FOR-LIKE RENTAL GROWTH WAS 2.4% FOR THE TWELVE MONTHS
COMPARED WITH 1.5% FOR THE SAME HALF-YEAR PERIOD IN 2018
    * H1 EPRA NET ASSET VALUE PER DEPOSITARY RECEIPT IS €43.71
    * AS OF 31 DECEMBER 2019, THE GROUP’S DEVELOPMENT PIPELINE
INCLUDED THREE PROJECTS
    * WE EXPECT THAT EUROCOMMERCIAL’S DIVIDEND, NOW PAID TWICE
YEARLY,
WILL BE NO LESS IN 2020 THAN IT WAS IN 2019
    * OVERALL THEN WE LOOK FORWARD TO THE COMING YEAR WITH
WELL-FOUNDED CONFIDENCE. - CEO
    * PIPELINE: PROJECTS REPRESENT C. €56 MILLION OF INVESTMENTS
(GROUP SHARE), OF WHICH €18 MILLION HAS ALREADY BEEN SPENT AS AT
31 DECEMBER 2019

Source text for Eikon:  ID:nGNE6W9cCc 
Further company coverage:  SIPFc.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))