Brief: Leasinvest Real Estate SCA Q1 Rental Income Increased By 17.5%

Nextensa NV

20/05/2019 17:57

May 20 (Reuters) - LEASINVEST REAL ESTATE SCA  LNRE.BR :
    * Q1 RENTAL INCOME INCREASED BY 17.5%, FROM € 14.6 MILLION AT MARCH 31, 2018 TO € 17.2
MILLION
    * Q1 EPRA EARNINGS UP BY 41.3% TO EUR 9.69 MILLION AT END-MARCH
    * DEBT RATIO FELL FROM 53.53% AT THE END OF 2018 TO 52.17% AT THE END OF MARCH 2019
    * Q1 EPRA NAV PER SHARE EUR 90.98 VERSUS EUR 85.43 YEAR AGO
    * Q1 OCCUPANCY RATE OF 94.04% VERSUS 94.26% YEAR AGO
    * Q1 NET RESULT EUR 12.4 MILLION VERSUS EUR 6.9 MILLION YEAR AGO
    * EXPECTS THAT RENTAL INCOME IN 2019 WILL EXCEED THOSE OF 2018
    * IN 2019, FINANCIAL EXPENSES WILL BE COMPARABLE TO THOSE OF 2018
    * TO OFFER DIVIDEND OF MINIMUM EUR 5,10 PER SHARE

Source text for Eikon:  ID:nGNEBxp5Q 
Further company coverage:  LNRE.BR 

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