PARIS (dpa-AFX) - Unibail-Rodamco SE (UNBLF.PK) said its turnover for the first quarter of 2014 rose 7.7% to €463.0 million from €430.0 million in the same quarter last year.
Gross Rental Income of the shopping centre division amounted to €321.3 million for the first three months of 2014, an increase of 11.5% compared to the same period in 2013.
Gross Rental Income in the office division totaled €45.6 million, up 7.1% a year earlier, mainly due to the Group's strong leasing activity last year.
The company reiterated its forecast of a recurring earnings per share growth of at least 5.5% for 2014.
Unibail-Rodamco also said its shareholders have resolved to distribute a dividend of €8.90 per share, comprising €3.90 per share in cash paid from the company's tax exempt real estate activities and €5.00 per share in cash paid from the company's non-tax exempt activities.
The dividend will be paid on May 15. The ex-dividend date is May 12.
Copyright RTT News/dpa-AFX