Brief: Retail Estates H1 Operating Result Rises To ‍​45.9 Million Euros

Retail Estates NV

15/11/2019 16:40

Nov 15 (Reuters) - RETAIL ESTATES NV  RETE.BR :
    * H1 NET RESULT EUR ‍​22.0 MILLION VERSUS EUR 27.6 MILLION
YEAR
AGO
    * H1 OPERATING RESULT EUR ‍​45.9 MILLION VERSUS EUR 39.3
MILLION
YEAR AGO
    * H1 NET RENTAL INCOME EUR 52.8‍​ MILLION VERSUS EUR 46.1
MILLION
YEAR AGO
    * H1 EPRA RESULT INCREASES TO EUR 33.8 MILLION (INCREASE BY
14.7%
FROM EUR 29.4 MILLION YEAR AGO)
    * END-SEPT VALUE OF REAL ESTATE PORTFOLIO AT EUR 1.64
BILLION
    * DIVIDEND: PROGNOSIS OF EUR 4.40 GROSS DIVIDEND CONFIRMED
    * OCCUPANCY RATE ON SEPT 30, 2019 AT 97.97% VERSUS 98.28% ON
MARCH
31, 2019
    * MACROECONOMIC UNCERTAINTIES DO NOT ALLOW PREDICTIONS ABOUT
EVOLUTION OF FAIR VALUE OF REAL ESTATE
    * MACROECONOMIC UNCERTAINTIES DO NOT ALLOW PREDICTIONS ABOUT
VARIATIONS IN FAIR VALUE OF INTEREST RATE HEDGING INSTRUMENTS

 
Further company coverage:  RETE.BR 

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