Brief: Vastned Retail Belgium Q1 net profit shrinks to 3.5 mln euros
03/05/2016 07:00
May 3 (Reuters) - Vastned Retail Belgium NV VASTB.BR :
* Fair value property portfolio at March 31 is 348 million
euros ($402.2 million) versus 347 million euros at Dec. 31, 2015
* Q1 rental income is 4.5 million euros versus 4.9 million
euros a year ago
* Q1 operating profit is 4.5 million euros versus 8.1
million euros a year ago
* Q1 net profit is 3.5 million euros versus 7.3 million
euros a year ago
* Q1 operating distributable result per share is 0.56
euros versus 0.64 euros a year ago
* Occupancy rate of the real estate portfolio at March 31 is
98 percent versus 98 percent at Dec. 31, 2015
* EPRA NAV/share at March 31, 2016 is 49.77 euros versus
49.02 euros at Dec. 31, 2015
* Expects 2016 operating distributable result to be lower
than in 2015
Source text for Eikon: ID:nHUG60kWjn
Further company coverage: VASTB.BR
($1 = 0.8654 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))