Vastned Retail H1 direct result rises to €1.23 per share (EU)

Vastned

Highlights HY1 2015:

 

  • Direct result up to €1.23 per share (HY1 2014: €1.21 per share
  • Positive indirect result of €0.16 per share (HY1 2014: €0.73 negative per share)
  • Premium city high street shop portfolio grows to €1.1 bln
  • Occupancy rate as at 30 June 2015: 96.8% (premium city high street shops: 99.0%)
  • Like-for-like gross rent growth slightly negative: -1.6% (premium city high street shops: 0.3% positive)
  • On average 6.9% higher rents on €5.8 mln in new leases and lease renewals
  • Forecast for 2015 direct result increased to €2.40 to €2.50 per share
  • Estimated dividend proposal for 2015 €2.05 per share (2014: €2.00 per share)

 

Source: Vastned

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