Highlights first half-year 2016

 

  • The positive outlook for 2016 is confirmed by the 30/06/2016 realized figures
  • Increasing rental income from € 25.1 million to € 28.4 million (+13%)
  • The net current result on 30/06/2016 has risen to € 14.9 million or € 3.02 per share (+34%)
  • The net result has increased from € 13.4 million to € 15.2 million or € 3.08 per share (+13%)
  • High occupancy rate of the real estate portfolio at 97.5%
  • Global real estate portfolio (1) amounts to € 885 million after the sale of the completed project Royal20
  • EPRA Net asset value (group share) per share stands at € 80.0
  • Debt ratio has decreased to 56.68% (2) per 30/06/2016
  • Redevelopments in Belgium and Luxembourg on schedule
  • Montoyer 63: successful signing of usufruct with European Parliament for 21 years fixed term

 

(1) The global real estate portfolio consists of the direct (buildings) and indirect (mainly participation in Retail Estates) real estate portfolio.

(2) After deduction of the available cash resources on 30/06/2016 this debt ratio decreases to 55.8%.

 

investor.relations@leasinvest.be

www.leasinvest.be

LRE Half-year financial report 2016


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