Brief: MRM: Q1 Consolidated Revenues Rise To 2.3 Million Euros

MRM SA

10/05/2019 06:43

May 10 (Reuters) - MRM SA  MRM.PA :
    * REG-MRM : FIRST QUARTER 2019 FINANCIAL INFORMATION
    * CONSOLIDATED REVENUES FOR Q1 OF 2019: EUR 2.28 MILLION, UP 6.7% LIKE-FOR-LIKE
    * LEASES SIGNED SINCE START OF YEAR AND DISCUSSIONS CURRENTLY IN PROGRESS SUPPORT THIS
OUTLOOK
    * CONFIRMS ITS TARGET OF TOTAL ANNUALISED NET RENTS OF OVER €10 MILLION ON COMPLETION OF THE
VALUE-ENHANCEMENT PLAN IN 2020
    * WORKS TO EXTEND VALENTIN SHOPPING CENTRE ARE CONTINUING WITH A VIEW TO OPENING TO PUBLIC
IN
EARLY 2020
    * PROJECTED OCCUPANCY RATE FOR MRM'S PORTFOLIO AS AT 31 MARCH 2019 IS 85%

Source text for Eikon:  ID:nGNE7gfFLr 
Further company coverage:  MRM.PA 

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