Brief: QRF Comm FY Net Profit Group Share Down At 4.8 Million Euros

Qrf NV

21/02/2018 17:00

Feb 21 (Reuters) - QRF COMM VA  QRF.BR : 
    * FY NET PROFIT GROUP SHARE EUR 4.8 MILLION VERSUS EUR 7.8 MILLION YEAR AGO 
    * FY NET RENTAL INCOME EUR 14.9 MILLION VERSUS EUR 13.6 MILLION YEAR AGO 
    * INCREASE OF EPRA EARNINGS BY 12.5% TO 8.33 MILLION EUR IN 2017 
    * FAIR VALUE OF REAL ESTATE PORTFOLIO AT END DEC EUR 287.4 MILLION VERSUS EUR 250.7 
MILLION YEAR 
AGO 
    * REMAINS PRUDENT ABOUT RETAIL PROPERTY MARKET BECAUSE RETAIL SECTOR IS IN MIDDLE OF 
TRANSITION 
    * IN 2018 WANTS TO DIVEST FURTHER PART OF ITS PORTFOLIO 
    * OCCUPANCY RATE AT END DEC 97.47 PERCENT VERSUS 96.85 PERCENT YEAR AGO 
    * END-DEC. EPRA NAV PER SHARE EUR 24.12 
    * INCREASE OF PROPOSED GROSS DIVIDEND TO 1.35 EUR PER SHARE 
    * SEES 2018 AS YEAR OF "REBALANCING FOR FUTURE GROWTH" 
 
Source text for Eikon:  ID:nNDL4cwMRj  
Further company coverage:  QRF.BR  
 
 (Gdynia Newsroom) 
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