Brief: Retail Estates Net Rental Income Up At 69.52 Euros

Retail Estates NV

15/02/2019 16:40

Feb 15 (Reuters) - RETAIL ESTATES NV  RETE.BR :
    * Q3 NET RENTAL INCOME INCREASED BY 25.36% TO EUR 69.52
MILLION
    * EPRA EARNINGS FOR Q3 2018-2019 INCREASES TO EUR 44.34
MILLION
(EUR 3.95 PER SHARE)
    * FAIR VALUE OF REAL ESTATE PORTFOLIO EUR 1.51 BILLION ON 31
DEC
2018 DUE TO CONSIDERABLE INVESTMENTS IN BELGIUM
    * INCREASE OF THE DIVIDEND PROGNOSIS FROM EUR 3.80 TO EUR
4.25 PER
SHARE.
    * ADDITIONAL INVESTMENT OF EUR 8.48 MILLION IN ACQUISITION
OF
RETAIL PROPERTIES AT HEERLEN AND UTRECHT
    * OCCUPANCY RATE OF PORTFOLIO WAS 98.04% ON 31 DECEMBER
2018,
COMPARED TO 98.11% ON 31 MARCH 2018
    * NET RESULT AMOUNTED TO EUR 37.49 MILLION AS AT 31 DECEMBER
2018

Source text: https://bit.ly/2GNa2BB
Further company coverage:  RETE.BR 

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