Brief: NSI Q1 Net Rental Income Down At 15.1 Million Euros

NSI NV

19/04/2018 10:28

April 19 (Reuters) - NSI NV  NSTEc.AS :
    * Q1 NET RENTAL INCOME EUR 15.1 MILLION VERSUS EUR 16.1
MILLION
YEAR AGO
    * Q1 EPRA NAV €37.23 PER SHARE (UP 2% VERSUS YE 2017)
    * Q1 EPRA EPS OF €0.58 PER SHARE (UP 2% ON Q1 2017)
    * Q1 VACANCY RATE 18.8% (UP 0.4% VERSUS YE 2017)
    * FOR 2018 EXPECT TO BE ABLE TO MAINTAIN A DIVIDEND
DISTRIBUTION
OF €2.16 PER SHARE
    * LEASING MOMENTUM POINTS TO LIKE-FOR-LIKE VACANCY
IMPROVEMENT FOR
2018
    * EXPECTS  RUN-RATE EPS FOR Q2 TO BE LOWER THAN IN Q1
    * "FURTHER REDUCTION IN THE VACANCY RATE AND CONTINUED ASSET
ROTATION AS THE TWO MAIN POINTS OF FOCUS FOR NOW"- CEO

Source text : https://bit.ly/2Hbg6p0
Further company coverage:  NSTEc.AS 

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