Brief: Vastned Retail H1 Net Rental Income Down At 31.1 Million Euros

VastNed Retail NV

31/07/2019 17:33

July 31 (Reuters) - Vastned Retail NV  VASN.AS :
    * ESTIMATED TOTAL DIVIDEND 2019: € 2.05 PER SHARE; INTERIM
DIVIDEND HY1 2019 € 0.58 PER SHARE
    * OCCUPANCY RATE AS AT 30 JUNE OF 93.1 PERCENT VERSUS 96.2
PERCENT
YEAR AGO
    * REMAINS CAUTIOUS ABOUT MARKET CONDITIONS IN VIEW OF THE
LIMITED
INVESTMENT OPPORTUNITIES AND THE ONGOING TRANSITION IN THE
RETAIL LANDSCAPE
    * EXPECTS TO REALIZE A DIRECT RESULT FOR 2019 AT THE LOWER
END OF
THE GUIDANCE RANGE OF € 2.00 - € 2.10 PER SHARE
    * H1 LIKE-FOR-LIKE GROSS RENTAL INCOME DECREASE OF THE
PORTFOLIO
2.3%, DUE TO VACANCY RUE DE RIVOLI 118-120 IN PARIS
    * H1 NET RENTAL INCOME EUR 31.1 MILLION VERSUS EUR 37.4
MILLION
YEAR AGO

Source text: https://bit.ly/2ZmW0NF
    
Further company coverage:  VASN.AS 

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