Brief: Leasinvest Real Estate H1 net result rises to= 25.3 Million Euros

Nextensa NV

21/08/2019 16:46

Aug 21 (Reuters) - Leasinvest Real Estate SCA  LNRE.BR :
    * REG-LEASINVEST REAL ESTATE SCA: HALF-YEAR FINANCIAL REPORT
2019
    * EPRA EARNINGS INCREASE FROM EUR 14.00 MILLION END 1H 2018
TO EUR
22.1 MILLION
    * RISE (+29%) OF THE NET RESULT FROM € 19.7 MILLION END 1H
2018 TO
€ 25.3MILLION IN H1 2019 OR € 4.27 PER SHARE
    * RENTAL INCOME RECEIVED INCREASES BY 16% FROM EUR 27.9
MILLION
END 1H 2018 TO EUR 32.4 MILLION FOLLOWING FULL CONTRIBUTION OF
ACQUISITIONS FROM END 2018 AND A POSITIVE LIKE-FOR-LIKE RENTAL
GROWTH
    * END-H1 OCCUPANCY RATE AT 94.7% VERSUS 94.3% AT DEC 31,
2018
    * IN 2019 EXPECTS A HIGHER RENTAL INCOME IN COMPARISON WITH
2018
    * A DIVIDEND IS FORECASTED THAT WILL AT LEAST BE EQUAL TO
THE
DIVIDEND OVER THE FINANCIAL YEAR 2018, NAMELY € 5.10 GROSS PER
SHARE.
    * IN 2019  THE FINANCIAL COSTS ARE EXPECTED TO BE IN LINE
WITH
THOSE OF THE PREVIOUS YEAR.

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

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))