Brief: Vastned Retail Belgium 9-Month Net Result Down At EUR 1.5 Million

VastNed Retail NV

24/10/2019 19:38

Oct 24 (Reuters) - Vastned Retail Belgium Sa  VASTB.BR :
    * EPRA EARNINGS IN THE FIRST NINE MONTHS OF 2019 €2.17 PER
SHARE
(€2.12 FOR THE FIRST NINE MONTHS OF 2018)
    * INCREASE OF THE BANDWIDTH OF THE EXPECTED GROSS DIVIDEND
FOR
2019 TO €2.85 - €2.90 PER SHARE
    * OCCUPANCY RATE HAS INCREASED MORE THAN 1% DURING THE THIRD
QUARTER TO 97% COMPARED TO 30 JUNE 2019 (98% AS AT 31 DECEMBER
2018)
    * LIMITED DEBT RATIO OF 29% AS AT 30 SEPTEMBER 2019.
    * DECREASE IN THE FAIR VALUE OF THE EXISTING REAL ESTATE
PORTFOLIO
 BY €9.1 MILLION IN THE FIRST NINE MONTHS OF 2019
    * 9-MONTH NET RESULT EUR 1.5 MILLION VERSUS EUR 7.3 MILLION
YEAR
AGO
    * 9-MONTH OPERATING RESULT EUR 3.5 MILLION VERSUS EUR 8.4
MILLION
YEAR AGO
    * 9-MONTH RENTAL INCOME EUR 14.5 MILLION VERSUS EUR 14.5
MILLION
YEAR AGO

Source text for Eikon:  ID:nGNEbxJGdn 
Further company coverage:  VASTB.BR 

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