Brief: Retail Estates Q1 Net Rental Income Up At EUR 28.5 Mln

Retail Estates NV

24/08/2021 12:02

Aug 24 (Reuters) - RETAIL ESTATES NV  RETE.BR :
    * NET RENTAL INCOME AMOUNTED TO EUR 28.54 MILLION IN Q1, AN
INCREASE BY 33.74% COMPARED TO Q1 LAST YEAR
    * OCCUPANCY RATE OF ENTIRE PORTFOLIO WAS 97.22% ON 30 JUNE
2021,
COMPARED TO 97.07% ON 31 MARCH 2021
    * ON 30 JUNE 2021 NET RESULT AMOUNTED TO EUR 20.79 MILLION
    * ON 30 JUNE 2021 EPRA EARNINGS HAD EVOLVED TO EUR 18.54
MILLION
COMPARED TO EUR 12.45 MILLION LAST YEAR
    * DEBT RATIO AT 50.76% ON 30 JUNE 2021, COMPARED TO 52.18%
ON 31
MARCH 2021
    * EXPECTED DIVIDEND IS MAINTAINED AT EUR 4.60 GROSS PER
SHARE

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