Brief: Vastned Retail Belgium Occupancy Rate At 31 Dec 2017 stood at 99%

Vastned NV

08/02/2018 17:00

Feb 8 (Reuters) - VASTNED RETAIL BELGIUM NV  VASTB.BR : 
    * OCCUPANCY RATE AS AT 31 DECEMBER 2017: 99% (98% AS AT 31 
DECEMBER 2016). 
    * INCREASE BY APPROXIMATELY 6.2% IN FAIR VALUE OF EXISTING 
REAL 
ESTATE PORTFOLIO IN FINANCIAL YEAR 2017 
    * GROSS DIVIDEND AMOUNTS TO EUR 2.62 PER SHARE FOR FINANCIAL 
YEAR 
2017 
    * INCREASE OF EPRA EARNINGS IN FINANCIAL YEAR 2017 TO EUR 
2.62 PER 
SHARE (EUR 2.45 FOR FINANCIAL YEAR 2016) 
    * LIMITED DEBT RATIO OF 27% AS AT 31 DECEMBER 2017. 
    * FY OPERATING RESULT EUR 36.6 MILLION VERSUS EUR 22.6 
MILLION 
YEAR AGO 
    * FY RENTAL INCOME EUR  19.0 MILLION VERSUS EUR 18.5 
MILLION 
YEAR AGO 
    * FY NET PROFIT EUR 34.7 MILLION VERSUS EUR 20.5 MILLION 
YEAR 
AGO 
    * AS FROM THE 2018 FINANCIAL YEAR VASTNED RETAIL BELGIUM 
EXPECTS 
THAT EPRA EARNINGS WILL CONTINUE TO GROW 
 
Source text for Eikon:  ID:nGNE6rrHfF  
Further company coverage:  VASTB.BR  
 
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