Brief: Cegereal FY Rental Income Came In At 53.0 Million Euros

Vitura SA

22/02/2019 07:04

Feb 22 (Reuters) - CEGEREAL SA  CGR.PA :
    * REG-CEGEREAL, THE FRENCH CORE OFFICE REIT, ACTIVELY PUSHES
AHEAD
WITH ITS GROWTH IN 2018
    * AT DECEMBER 31, 2018, ESTIMATED VALUE OF CEGEREAL'S REAL
ESTATE
PORTFOLIO WAS UP 1.5% ON A COMPARABLE PORTFOLIO BASIS FROM EUR
1,169 MILLION EXCLUDING TRANSFER DUTIES AT DECEMBER 31, 2017.
    * RENTAL INCOME CAME IN AT EUR 53.0 MILLION IN 2018
    * EPRA EARNINGS CAME IN AT EUR 30.7 MILLION FOR 2018
    * INCLUDING PASSY KENNEDY, PORTFOLIO VALUE STOOD AT EUR
1,409
MILLION EXCLUDING TRANSFER DUTIES, UP 20.5% YEAR ON YEAR.
    * 2018 IFRS NET INCOME CAME IN AT EUR 33.1 MILLION, COMPARED
WITH
EUR 62.4 MILLION IN 2017
    * EPRA NNNAV STOOD AT EUR 639.6 MILLION AT DECEMBER 31,
2018, UP
FROM EUR 585.4 MILLION ONE YEAR EARLIER
    * 2019 DISTRIBUTION: EUR 2.3 PER SHARE
    * 2018 CEGEREAL'S RECURRING CASH FLOW REMAINED STABLE AT EUR
35.2
MILLION, COMPARED WITH EUR 35.8 MILLION IN 2017.

Source text for Eikon:  ID:nGNE3jJMqf 
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