Brief: CeGeREAL FY IFRS Rental Income Up At 63.4 Million Euros

Vitura SA

28/02/2020 07:14

Feb 28 (Reuters) - CeGeREAL SA  CGR.PA :
    * CEGEREAL CONTINUES ITS GROWTH WITH A 30.6% INCREASE IN
EPRA
EARNINGS
    * SAYS €2.3 PER SHARE DIVIDEND DISTRIBUTION
    * SAYS EPRA NNNAV STOOD AT €695.1 MILLION OR €43.7 PER SHARE
AT
END-DECEMBER
    * FY IFRS RENTAL INCOME EUR 63.4  MILLION VERSUS EUR 53.0
MILLION
YEAR AGO
    * OCCUPANCY RATE AT DEC 31, 2019 AT 96.9% VERSUS 96.1% YEAR
AGO
    * SAYS NET ATTRIBUTABLE INCOME CAME IN AT EUR 80.8 MILLION
IN 2019
    * SAYS CONSOLIDATED NET DEBT STOOD AT EUR 769 MILLION AT
DECEMBER
31, 2019
    * SAYS CEGEREAL'S EPRA EARNINGS TOTALED EUR 40.0 MILLION IN
2019,
A SHARP 30.6% INCREASE ON 2018.
    * SAYS ESTIMATED VALUE OF CEGEREAL'S PROPERTY PORTFOLIO
(EXCLUDING
TRANSFER DUTIES) AMOUNTED TO EUR 1,464 MILLION, UP 3.9% COMPARED
WITH 2018.
    * 2020 WILL SEE US ROLL OUT SAME STRATEGY AND CONTINUE TO
FOCUS ON
OUR OBJECTIVE OF INCREASING VALUE OF OUR PORTFOLIO AND OUR
COMPANY - CEO

Source text for Eikon:  ID:nBw4W1d32a 
Further company coverage:  CGR.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))