Brief: Paref Triple NAV At Dec. 31 At EUR 95.7 Per Share

Paris Realty Fund SA

14/02/2018 17:02

Feb 14 (Reuters) - PAREF SA  PARF.PA : 
    * PROPOSED CASH DIVIDEND OF 3 PER SHARE FOR THE FISCAL YEAR 
2017 
    * FOR FY 2017: TRIPLE NET NAV AT 95.7 PER SHARE (+11%) 
    * FY NET RESULT OF EUR 8.3 MN (-20%) 
    * FOR FY 2017: NET RENTAL INCOME OF 8.3 MN VERSUS 8.7 MN 
IN 2016 
(-4%) 
    * FOR FY 2017: LOAN TO VALUE AT A HISTORICAL LOW OF 23% 
VERSUS 36% 
(-13 POINTS) 
    * PAREF'S OWN FY PORTFOLIO STANDS AT 107 MN 
    * FY CURRENT OPERATING RESULT EUR 7.5 MILLION VERSUS EUR 8.7 
MILLION YEAR AGO 
    * NET TO GROSS SUBSCRIPTION RATIO OF 86 % IN 2017 
    * AIMS AT IMPLEMENTING DISTRIBUTION POLICY REPRESENTING 
BETWEEN 
65% AND 75% OF  RECURRING RESULT OVER NEXT YRS 
 
Source text for Eikon:  ID:nACT52050  
Further company coverage:  PARF.PA  
 
 (Gdynia Newsroom) 
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