Brief: Leasinvest Real Estate Q3 Net Result Turns To Loss Of EUR 9.4 Mln

Nextensa NV

17/11/2020 16:47

Nov 17 (Reuters) - LEASINVEST REAL ESTATE COMM VA  LNRE.BR :
    * LEASINVEST REAL ESTATE SCA: NOTE OF THE MANAGER ON Q3 2020
    * END-SEPT EPRA EARNINGS DECREASED FROM EUR 31.5 MILLION END
SEPTEMBER 2019 TO EUR 28.7 MILLION (EUR 5.31 PER SHARE VERSUS
EUR 4.84 PER SHARE)
    * END-Q3 OCCUPANCY RATE INCREASED TO 92.01% VERSUS 90.46% ON
31/12/2019
    * END Q3 DEBT RATIO DROPPED FROM 58.07% ON 30/06/2020 TO
56.54%
    * FAIR VALUE OF THE REAL ESTATE PORTFOLIO AMOUNTS TO € 1.12
BILLION OVER Q3 2020
    * LOSS OF RENTAL INCOME ON 30 SEPTEMBER 2020 INCREASED ONLY
SLIGHTLY TO € 2.75 MILLION COMPARED TO € 2.5 MILLION AT 30 JUNE
2020
    * SINCE EPRA EARNINGS OF € 4.84 WERE ALREADY ACHIEVED ON 30
SEPT.
2020, BOARD OF DIRECTORS HOPES TO BE ABLE TO PROPOSE SIMILAR
DIVIDEND FOR 2020 FINANCIAL YEAR AS LAST YEAR
    * NET RESULT OVER Q3 2020 AMOUNTS TO - € 9.4 MILLION
COMPARED TO €
39.6 MILLION ON 30/09/2019

Source text for Eikon:  ID:nGNE6VMHnx 
Further company coverage:  LNRE.BR 

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