Brief: Vastned Retail Belgium Q1 net profit falls to 3.1 million euros

Vastned NV

02/05/2017 17:15

May 2 (Reuters) - Vastned Retail Belgium NV  VASTB.BR : 
    * Q1 rental income EUR 4.7 million ($5.13 million) versus EUR 4.5 million year ago 
    * Q1 operating profit EUR 3.4 million versus EUR 4.5 million year ago 
    * Q1 net profit EUR 3.1 million versus EUR 3.5 million year ago 
    * Occupancy rate as at 31 March 2017: 98 pct (98 pct as at 31 December 2016) 
    * Fair value investment properties at March 31 EUR 350.7 million versus EUR 350.7 million at 
Dec 31, 2016 
    * EPRA net asset value at March 31, 2017 EUR 50.85 versus EUR 50.33 at Dec 31, 2016 
    * As from 2017, it is anticipated that declining trend in EPRA earnings will slow down 
 
Source text for Eikon:  ID:nGNEb0lS3h  
Further company coverage:  VASTB.BR  
 
($1 = 0.9167 euros) 
 
 (Gdynia Newsroom) 
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