Brief: Vastned Retail Belgium 9 month net profit up at 13.1 mln euros

Vastned NV

27/10/2015 07:21

Oct 27 (Reuters) - Vastned Retail Belgium NV  VASTB.BR : 
    * Fair value of investment properties at Sept. 30, stood at 
371.3 million euros ($410.7 million) compared to 382.3 million 
euros a year ago 
    * Occupancy rate as at Sept. 30 stood at 96 pct, compared 
to 98 pct as at Dec 31. 2014 
    * 9 month net rental income 14.6 million euros vs 16.3 
million euros a year ago 
    * 9 month operating profit 15.9 million euros vs 11.5 
million euros a year ago 
    * 9 month net profit 13.1 million euros vs 6.9 million 
euros a year ago 
    * 9 month EPRA NAV per share amounted to 48.54 euros vs 
46.04 euros a year ago 
    * Operarting attributable result will be lower in 2015 than 
in 2014 
    * Without unexpected evolutions, Vastned estimates to be 
able to propose a gross dividend between 2.44 euros and 2.49 
euros per share vs 2.72 euros year ago    
 
     
 Source text for Eikon:  ID:nHUG5kMXk1  
     
 Further company coverage:  VASTB.BR   
    
 
 
 
($1 = 0.9042 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))