Vastned Retail Belgium: Interim statement by the Board of Directors as at 30 September for the third quarter of financial year 2017
(Thomson Reuters ONE) -
Strategic focus on core city assets continues to be primary theme in activities.
Acquisition of 3 adjoining core city assets in the centre of Antwerp, located at
Steenhouwersvest 44 46 - 48 for an investment value of about ? 6 million.
As at 30 September 2017, 59% of the real estate portfolio consisted of core city
assets and 41% of mixed retail locations (inner-city shops outside of the
premium cities, high-end retail parks and retail warehouses).
Occupancy rate as at 30 September 2017: 99% (98% as at 31 December 2016).
Increase in the fair value of the existing real estate portfolio by ? 18 million
in the first nine months of 2017, mainly as a result of the stronger yields of
the core city assets.
Decrease of the EPRA result in the first nine months of 2017 to ? 1,78 per share
(? 1,85 for the first nine months of 2016), mainly attributable to one-off
finance expenses as part of the refinancing.
Extension of the average term of the credit lines and a drop in average interest
rate as a result of the refinancing of the entire loan portfolio.
Limited debt ratio of 28% as at 30 September 2017.
Expected gross dividend for 2017 between ? 2,42 and ? 2,47 per share.
Full press release:
PB VRB_Q3_2017_ENG:
http://hugin.info/137399/R/2144432/821967.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vastned Retail Belgium via GlobeNewswire
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 25.10.2017 - 12:00 Uhr
Sprache: Deutsch
News-ID 1525909
Anzahl Zeichen: 2609
contact information:
Contact person:
Town:
Berchem
Phone:
Kategorie:
Business News
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 401 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Vastned Retail Belgium: Interim statement by the Board of Directors as at 30 September for the third quarter of financial year 2017
"
steht unter der journalistisch-redaktionellen Verantwortung von
Vastned Retail Belgium (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
