Brief: Leasinvest FY EPRA Earnings Down To 35.6 Million Euros

Nextensa NV

10/02/2021 17:28

Feb 10 (Reuters) - LEASINVEST REAL ESTATE COMM VA  LNRE.BR :
    * FY CORONA-IMPACT OF -6.5% ON RENTAL TURNOVER
    * DIVIDEND PROPOSAL MAINTAINED AT € 5.25 GROSS PER SHARE FOR
2020
    * OCCUPANCY RATE RISES FROM 90.46% END 2019 TO 91.62% FOR
2020
    * IN FY EPRA EARNINGS DECREASE BY 12% FROM € 40.5 MILLION
END 2019
TO € 35.6 MILLION (€ 6.01 PER SHARE VERSUS € 6.83 PER SHARE)
    * CONSOLIDATED DIRECT REAL ESTATE PORTFOLIO OF LEASINVEST
REAL
ESTATE END 2020 COMPRISES 27 SITES
    * FAIR VALUE OF THE REAL ESTATE PORTFOLIO AMOUNTS TO € 1.14
BILLION END 2020 COMPARED TO € 1.11 BILLION END 2019
    * FY NET RESULT GROUP SHARE EUR 7.7 MILLION VERSUS EUR 49.9
MILLION YEAR AGO
    * NOMINAL FINANCIAL DEBTS RECORDED IN BALANCE SHEET PER
31/12/2020
AMOUNT TO € 663.6 MILLION
    * FY RENTAL INCOME EUR 61.6 MILLION VERSUS EUR 65.3 MILLION
YEAR
AGO
    * IN THIS CONTEXT, IT IS NOT LIKELY THAT WE WILL BE ABLE TO
MAINTAIN THE DIVIDEND OVER THE FINANCIAL YEAR 2021, PAYABLE IN
MAY 2022, AT THE LEVEL OF € 5.25 GROSS PER SHARE

Source text for Eikon:  ID:nNDL8W9tH3 
Further company coverage:  LNRE.BR 

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