Brief: Home Invest Belgium Q1 EPRA Earnings Up At EUR 3.47 Mln

Home Invest Belgium SA

22/05/2024 16:52

May 22 (Reuters) - Home Invest Belgium SA  HINV.BR :
    * 11.9% INCREASE IN Q1 EPRA EARNINGS TO EUR 3.47 MILLION
    * INCREASE IN FAIR VALUE OF REAL ESTATE PORTFOLIO TO EUR
837,31
MILLION AT 31 MARCH 2024
    * Q1 AN AVERAGE OCCUPANCY RATE OF 98.4%
    * OUTLOOK 2024: EXPECTS INCREASE OF EPRA EARNING PER SHARE
TO EUR
1.15 DESPITE THE ISSUE OF 10.0% NEW SHARES IN JULY 2023
    * Q1 EPRA NTA PER SHARE UP BY 14.2% TO EUR 23.24
    * Q1 DEBT RATIO OF 47.13% (RREC ROYAL DECREE) AND 46.00%
(IFRS)
    * Q1 NET RENTAL INCOME EUR 9.0 MILLION VERSUS EUR 8.5
MILLION YEAR
AGO
    * Q1 NET PROFIT EUR 57.3 MILLION VERSUS LOSS EUR 8.9 MILLION
YEAR
AGO

Source text: tinyurl.com/3j7n62bx
Further company coverage:  HINV.BR 

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