Brief: Home Invest Belgium Q1 net result turns to profit of 2.4 million euros

Home Invest Belgium SA

02/05/2017 18:08

May 2 (Reuters) - Home Invest Belgium SA  HINV.BR : 
    * Q1 net rental result EUR 5.4 million ($5.89 million) versus EUR 4.5 million year ago 
    * Q1 net profit EUR 2.4 million versus loss of EUR 1.0 million year ago 
    * NAV at March 31 EUR 65.51 versus EUR 65.19 at Dec 31 
    * Fair value of the investment properties amounts to EUR 416.2 million on 31 March 2017 and 
up by 1.8 pct in comparison with the situation on 31 Dec 2016 
    * Occupancy rate of buildings in operation amounts to 89.9% in Q1, level that comes close to 
that for FY 2016 (90.18 pct) 
    * Confirms its confidence in the increase of the net result of core activities of the 
company for 2017 
 
Source text for Eikon:  ID:nNDL4KRll5  
Further company coverage:  HINV.BR  
 
($1 = 0.9169 euros) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))