Brief: Vastned Belgium H1 EPRA Earnings Up At 1.40 Euros Per Share

VastNed Retail NV

25/07/2023 17:08

July 25 (Reuters) - Vastned Retail NV  VASN.AS :
    * STRONG OPERATIONAL RESULTS IN A CHANGING MARKET
ENVIRONMENT
    * EPRA EARNINGS OF EUR 1.40 PER SHARE FOR FIRST SEMESTER OF
2023,
COMPARED TO EUR 1.25 PER SHARE FOR SAME PERIOD PREVIOUS
FINANCIAL YEAR
    * SLIGHT INCREASE IN VALUE OF REAL ESTATE PORTFOLIO DESPITE
CHANGING ECONOMIC ENVIRONMENT AND RISING INTEREST RATES.
    * HIGH OCCUPANCY RATE OF 99.3% UNDERLINES QUALITY OF REAL
ESTATE
PORTFOLIO
    * H1 HIGH OCCUPANCY RATE OF 99.3% UNDERLINES QUALITY OF REAL
ESTATE PORTFOLIO
    * H1 LOW DEBT RATIO OF 27.4% PROVIDES SOLID PROTECTION
    * OUTLOOK: EXPECTED EPRA EARNINGS PER SHARE OF EUR 2.65 -
EUR 2.75
FOR FINANCIAL YEAR 2023

Source text for Eikon:  ID:nGNE39CszS 
Further company coverage:  VASN.AS 

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