Brief: Vastned Retail Belgium H1 operating profit rises to 12.6 mln euros

Vastned NV

30/07/2015 07:01

July 30 (Reuters) - Vastned Retail Belgium NV  VASTB.BR : 
    * Reports H1 net rental income of 9.8 million euros ($10.74 
million) versus 10.8  million euros a year ago 
    * H1 operating profit is 12.6 million euros versus 9.7 
million euros a year ago 
    * H1 net profit is 10.9 million euros versus 6.7 million 
euros a year ago 
    * Occupancy rate as at June 30 is 96 percent (98 percent as 
at Dec. 31, 2014) 
    * Reports an increase of 4 million euros or about 1 percent 
in fair value of existing real estate portfolio in first 
semester of 2015 
    * 2015 operating distributable result is expected to be 
significantly lower than in 2014 
    * Expected gross dividend for 2015 between 2.35 euros and 
2.45 euros per share 
 
Source text for Eikon:  ID:nHUG5xvbVX  
Further company coverage:  VASTB.BR  
 
($1 = 0.9127 euros) 
 
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