Brief: Retail Estates Q1 Net Rental Income Up 33.67 Percent At 23.08 Million Euros

Retail Estates NV

27/07/2018 17:08

July 27 (Reuters) - RETAIL ESTATES NV  RETE.BR :
    * Q1 NET RENTAL INCOME EUR 23.08 MILLION, UP 33.67 PERCENT
YOY
    * OCCUPANCY RATE WAS 98.31% ON 30 JUNE 2018, COMPARED TO
98.13% ON
31 MARCH 2018
    * FAIR VALUE OF REAL ESTATE PORTFOLIO ON 30 JUNE 2018
AMOUNTED TO
EUR 1,377.25 MILLION
    * AS OF 30 JUNE 2018, THE DEBT RATIO WAS 48.71%, COMPARED TO
57.57% ON 31 MARCH 2018
    * MACROECONOMIC UNCERTAINTIES DO NOT ALLOW PREDICTIONS ABOUT
THE
EVOLUTION OF THE FAIR VALUE OF INVESTMENT PROPERTIES
    * EXPECTED DIVIDEND IS MAINTAINED AT EUR 3.80 GROSS PER
SHARE
    * EXPECTED DIVIDEND MADE UNDER THE HYPOTHESIS OF A STABLE
OCCUPANCY RATE AND A POSITIVE EVOLUTION OF RENTS

Source text for Eikon:  ID:nNDL600cLb 
Further company coverage:  RETE.BR 

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