Brief: WEB End-June Net Rental Income Up At 9.5 Million Euros

Warehouses Estates Belgium SA

30/09/2021 17:03

Sept 30 (Reuters) - WAREHOUSES ESTATES BELGIUM SCA
 WARB.BR :
    * END-JUNE NET RESULT 5,675 K € AGAINST A LOSS OF 615 K € AT
06/30/2020
    * END-JUNE OCCUPANCY RATE 95.24% UP COMPARED TO 90.02% AT
06/30/2020
    * END-JUNE NET RENTAL INCOME EUR 9.5 MILLION VERSUS EUR 7.7
MILLION YEAR AGO
    * AS OF JUNE 30, THE GROUP DOES NOT ANTICIPATE SUBSEQUENT
OPERATIONAL DIFFICULTIES
    * COMPANY REMAINS CAUTIOUS WHILE CONFIRMING ITS GROWTH AND
INVESTMENT STRATEGY
    * END-JUNE FAIR VALUE OF REAL ESTATE PORTFOLIO: €
300,657,000, UP
COMPARED TO € 297,413,000 AT 12/31/2020

Source text for Eikon:  ID:nNDL4gJX2B 
Further company coverage:  WARB.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))