For the first quarter of the financial year 2018 we record the following key data:
- Rental income received slightly increases from € 14.3 million end Q1 2017 to € 14.6 million
- EPRA earnings*[1] increase by 12.6% from € 6.1 million end Q1 2017 to € 6.9 million
- Important rise (+97%) of net result from € 3.5 million end Q1 2017 to € 6.9 million or € 1.39 per share
- Funding cost decreases from 2.99% on 31/12/2017 to 2.90%
- Occupancy rate slightly increases to 94.9%
- Redevelopments in Belgium and Luxembourg on schedule
[1] Alternative Performance Measures (APM) in the sense of the ESMA directive of 5 October 2015 in this press release are indicated with an asterisk (*) and are further explained in the annexes to this press release.
Integral press release below.
2018 05 17 LRE Q1 2018_ENG (http://hugin.info/134797/R/2193338/849491.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: Leasinvest Real Estate Comm. VA via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Leasinvest Real Estate Comm. VA via Globenewswire
