Brief: TEXAF Q1 Rents For Real Estate Branch Up At 4.9 Million Euros

Texaf NV

17/04/2020 07:45

April 17 (Reuters) - TEXAF SA  TEXB.BR :
    * ON 19 MARCH, THE TEXAF DIGITAL CAMPUS AND THE TEXAF
BILEMBO
CULTURAL CENTRE WERE CLOSED TO THE PUBLIC
    * ON 24 MARCH, THE DRC CLOSED ITS BORDERS TO AIR PASSENGERS,
PREVENTING BOTH STAFF AND CUSTOMERS FROM LEAVING THE COUNTRY
OTHER THAN VIA OFFICIAL REPATRIATION FLIGHTS
    * RENTS FOR THE REAL ESTATE BRANCH TOTALLED EUR 4.9 MILLION
FOR Q1
    * IF LOCKDOWN EXTENDED, DELIVERY DATE FOR BOIS NOBLES PHASE
II AND
PETIT-PONT PROJECTS WOULD BE POSTPONED, WITH NEGATIVE IMPACT ON
2021 REVENUE ESTIMATED AT EUR 185 K PER MONTH OF DELAY

Source text for Eikon:  ID:nGNE4mdz10 
Further company coverage:  TEXB.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))