Brief: Intervest Offices & Warehouses H1 net profit rises to 8.7 million euros

Intervest Offices & Warehouses NV

20/07/2017 17:01

July 20 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV  PRIF.BR : 
    * OCCUPANCY RATE 85% AS AT 30 JUNE 2017 (91% AS AT 31 DECEMBER 2016) 
    * DECREASE IN FAIR VALUE OF REAL ESTATE PORTFOLIO IN Q1 OF 2017 BY 0,8%. 
    * EPRA EARNINGS PER SHARE: EUR 0,74 IN FIRST SEMESTER OF 2017 (EUR 0,88 IN FIRST SEMESTER OF 
2016). 
    * DEBT RATIO: 46,5% AS AT 30 JUNE 2017 (45,7 % AS AT 31 DECEMBER 2016). 
    * IN THE SECOND HALF OF 2017 INTERVEST WILL CONTINUE TO WORK ON ITS STRATEGIC GROWTH PLAN 
    * EXPECTS THE EPRA EARNINGS FOR THE FINANCIAL YEAR OF 2017 TO DECREASE 
    * H1 NET RENTAL INCOME EUR 21.0 MILLION VERSUS EUR 23.1 MILLION YEAR AGO 
    * H1 OPERATING PROFIT EUR 11.5 MILLION VERSUS EUR 5.7 MILLION YEAR AGO 
    * H1 NET PROFIT EUR 8.7 MILLION VERSUS OF EUR 0.6 MILLION YEAR AGO 
 
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