Brief: Vastned Retail Belgium FY rental income down 6.6 pct to 18.5 million euros

Vastned NV

08/02/2017 07:49

Feb 7 (Reuters) - Vastned Retail Belgium NV  VASTB.BR : 
    * Announced on Tuesday FY rental income 18.5 million euros 
($19.76 million) versus 19.6 million euros year ago 
    * FY operating profit 22.6 million euros versus 18.9 million 
euros year ago 
    * FY net profit 20.5 million euros versus 15.3 million euros 
year ago 
    * Occupancy rate as at 31 December 2016: 98 pct (98 pct as 
at 31 December 2015) 
    * FY EPRA net asset value of 50.33 euros versus 49.02 euros 
year ago 
    * As from 2017, it is anticipated that this declining trend 
in operating distributable result will slow down  
    * As from 2017, it is anticipated that the improvement in 
portfolio quality will result in a stable operating 
distributable result 
    * Gross dividend amounts to 2.45 euros per share for 
financial year 2016 (2.51 euros for financial year 2015) 
    * Gross dividend yield of 4.6 pct based on the closing share 
price on 31 December 2016, i.e. 53.85 euros 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL34T71V 
     
 Further company coverage:  VASTB.BR   
    
 
 
 
($1 = 0.9364 euros) 
 
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