Brief: Vastned Retail H1 occupancy rate total portfolio at 97.3%

VastNed Retail NV

02/08/2017 06:13

Aug 2 (Reuters) - VASTNED RETAIL NV  VASN.AS :  
    * OCCUPANCY RATE CORE CITY ASSETS UP TO 99.5% AND OCCUPANCY 
RATE TOTAL PORTFOLIO REMAINS HIGH AT 97.3% 
    * POSITIVE LIKE-FOR-LIKE GROSS RENT GROWTH OF 3.8% FOR CORE 
CITY ASSETS RESULTS IN LIKE-FOR-LIKE GROSS RENT GROWTH OF 1.1% 
FOR TOTAL PORTFOLIO 
    * DIRECT RESULT HY1 2017  1.07 PER SHARE 
    * INDIRECT RESULT HY1 2017  2.34 PER SHARE 
    * INTERIM-DIVIDEND HY 2017  0.64 PER SHARE 
    * ESTIMATED DIRECT RESULT 2017 UNCHANGED  2.10 -  2.20 PER 
SHARE 
    * ESTIMATED DIVIDEND 2017  2.05 PER SHARE 
    * TURKISH PORTFOLIO SOLD AND  30.1 MILLION (INCLUDING 
COSTS) OF THE PROCEEDS USED FOR SHARE BUY-BACK 
    * VALUE INCREASE OF CORE CITY ASSETS* OF 4.8% ( 54.4 
MILLION), LEADING TO 3.1% VALUE INCREASE 
    * VALUE INCREASE OF CORE CITY ASSETS OF 4.8% ( 54.4 
MILLION), LEADING TO 3.1% VALUE INCREASE  OF TOTAL PORTFOLIO ( 
47.4 MILLION) 
 
Source text for Eikon:  ID:nNDL4v2yM5  
Further company coverage:  VASN.AS  
 
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