Brief: NSI Q3 Net Rental Income Down 8.8%

NSI NV

22/10/2020 06:31

Oct 22 (Reuters) - NSI NV  NSTEc.AS :
    * RENT COLLECTION FOR Q3 AT 98.0%; CONTINUED STRONG FOCUS ON
OPERATIONAL PERFORMANCE AND BALANCE SHEET STRENGTH
    * EPRA EPS FOR FY 2020 STILL FORESEEN IN RANGE OF € 2.30 - €
2.40
    * EPRA EPS FOR 9-MONTH PERIOD OF € 1.73 PER SHARE, WITH
GROSS
RENTS UP 4.6% ON A LIKE-FOR-LIKE BASIS
    * EPRA VACANCY RATE AT 8.2%; LIKE-FOR-LIKE VACANCY FOR FY20
EXPECTED TO BE FLAT
    * Q3 GROSS RENTAL INCOME IS DOWN BY 7.5% COMPARED TO THE
SAME
PERIOD LAST YEAR, DUE TO NET DISPOSALS IN 2019
    * Q3 NET RENTAL INCOME IS DOWN 8.8% YEAR-TO-DATE DUE TO A
LOWER
GRI AND A LOWER NRI MARGIN

Source text for Eikon:  ID:nNDL78sMV5 
Further company coverage:  NSTEc.AS 

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