Brief: Vastned Retail Belgium FY rental income falls to 19.6 mln euros

Vastned NV

05/02/2016 07:01

Feb 5 (Reuters) - Vastned Retail Belgium NV  VASTB.BR : 
    * Occupancy rate as at Dec. 31, 2015: 98 pct (98 pct as at 
Dec. 31, 2014) 
    * Gross dividend amounts to 2.51 euros ($2.81) per share 
for financial year 2015 (2.72 euros for financial year 2014) 
    * FY rental income 19.6 million euros versus 22.0 million 
euros year ago 
    * FY property result 19.5 million euros versus 22.0 million 
euros a year ago 
    * FY operating profit 18.9 million euros versus 26.2 
million euros year ago 
    * FY net profit 15.3 million euros versus 20.5 million 
euros a year ago 
    * Operating distributable result is expected to be  
significantly lower in 2016 than in 2015 
    * Fair value of investment properties at Dec. 31 stood at 
346.7 million euros versus 356.5 million euros year ago 
 
Source text for Eikon:  ID:nHUG1LXN74  
Further company coverage:  VASTB.BR  
 
($1 = 0.8931 euros) 
 
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