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Montea CVA (MONTE.BR)

MONTE.BR on Brussels Stock Exchange

47.99EUR
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Montea H1 EPRA earnings at 13 million euros
Tuesday, 8 Aug 2017 01:36am EDT 

Aug 8 (Reuters) - MONTEA CVA : :EPRA EARNINGS OF €13 MILLION IN H1 2017.OCCUPANCY RATE OF 95.8% AT THE END OF Q2 2017.DEBT RATIO OF 56.9 % AT THE END OF Q2 2017.EXPECTS FOR 2017: PROPERTY PORTFOLIO GROWTH TO €650 MILLION.EXPECTS FOR 2017: OCCUPANCY RATE ABOVE 95%;TERM OF LEASE REMAINING ABOVE 7 YEARS.EXPECTS FOR 2017: OPERATING MARGIN OF 89% ON AN ANNUAL BASIS.EXPECTS FOR 2017: EPRA EARNINGS 2017 INCREASE TO € 26 MILLION.Q2 NET RENTAL RESULT EUR 20.0 MILLION VERSUS EUR 20.9 MILLION YEAR AGO.Q2 NET RESULT (IFRS) EUR 14.7 MILLION VERSUS EUR 7.7 MILLION YEAR AGO.  Full Article

Montea acquiers plot of land of 59,900 m²
Monday, 31 Jul 2017 12:48pm EDT 

July 31 (Reuters) - MONTEA CVA ::SIGNED AN AGREEMENT CONCERNING ACQUISITION OF A STRATEGICALLY LOCATED PLOT OF LAND OF 59,900 M².TOTAL INVESTMENT VALUE OF EUR 10 MILLION.THIS ACQUISITION WILL PROCEED THROUGH TAKEOVER OF 100% OF SHARES OF VILPRO NV.TRANSACTION IS SLATED TO BE CLOSED IN BEGINNING OF OCTOBER 2017.  Full Article

Montea announces two transactions in France
Tuesday, 30 May 2017 11:36am EDT 

May 30 (Reuters) - MONTEA CVA ::LAUNCH OF A BUILD-TO-SUIT PROJECT OF CA. 18,000 M² IN CAMPHIN-EN-CAREMBAULT .THE DEVELOPMENT WILL BE OPERATIONAL IN THE FIRST QUARTER OF 2018.TRANSACTION REPRESENTS A TOTAL INVESTMENT VALUE OF € 11.2 MILLION.SALE & LEASE BACK OF AN INDUSTRIAL BUILDING OF CA. 1,500 M² IN THE PARIS REGION – INVESTMENT VALUE: € 1.93 MILLION.  Full Article

Montea CVA continues growth at Brussels Airport for investment value of 34,1 million euros
Monday, 10 Apr 2017 11:44am EDT 

Montea CVA :Continues growth at Brussels Airport (BE) for a total investment value of 34,1 million euros ($361.6 million).  Full Article

Montea FY net rental income up at 40.5 mln euros
Tuesday, 21 Feb 2017 02:37am EST 

Montea CVA : Fair value of real estate portfolio at Dec 31 532.1 million euros ($562.7 million) versus 480.7 million euros a year ago . FY net rental result 40.5 million euros versus 34.3 million euros a year ago . FY operating result before portfolio result 36.3 million euros versus 29.4 million euros a year ago . FY net result (IFRS) 36.3 million euros versus 24.0 million euros a year ago . EPRA NAV/share at Dec 31 27.80 euros versus 25.22 euros year ago . Proposed dividend of 2.11 euros per share (basis of payout ratio of 87 percent) versus 2.03 euros in 2015 (+4 pct) . Sees for 2017 property portfolio grow to 650 million euros . Sees for 2017 EPRA vacancy rate remaining under 5 pct - term of leases amounts to more than 7 yrs on average . Sees for 2017 operating margin of 89 pct on an annual basis .Sees for 2017 EPRA result per share increase with 5 pct.  Full Article

Montea sells 3 assets in France for 60.4 million euros
Tuesday, 10 Jan 2017 12:20pm EST 

Montea CVA :Finances further growth with the sale of 3 assets in France for 60.4 million euros ($63.81 million) to Patrizia Logistik Invest Europa I.  Full Article

Montea leases about 14.000 sq.m. to Scotch & Soda
Tuesday, 8 Nov 2016 11:32am EST 

Montea Cva :Leases about 14.000 sq.m. to scotch & soda.  Full Article

Montea Q2 net rental result up 29 pct to 20.9 million euros
Thursday, 18 Aug 2016 12:22am EDT 

Montea CVA : Q2 net current result of 13.7 million euros ($15.49 million) (1.38 euro per share) compared to 9.4 million euros (1.02 euro per share) in Q2 2015 . Q2 occupancy rate of 97.0 pct compared to 96.8 pct in Q1 2016 . Increase of the fair value of the property portfolio by 12 percent to 579 million euros versus 517 million euros at end of 2015 . Increase of Q2 net rental result by 29 pct to 20.9 million euros compared to 16.2 million euros in Q2 2015 . Outlook 2016: occupancy rate will remain at least 95 pct . Oulook 2016: operating margin of 88 pct on annual basis . Outlook 2016: property portfolio will grow to 600 million euros .Outlook 2016: net current result per share will grow by 5 pct (from 2.29 euro per share in 2015 to 2.40 euro per share in 2016).  Full Article

Municipality Oss and Montea conclude agreement for development of logistics plot
Thursday, 7 Jul 2016 01:28am EDT 

Montea CVA :Municipality Oss and Montea conclude an agreement for the future development of a logistics plot at Vorstengrafdonk.  Full Article

Montea announces new contracts
Tuesday, 28 Jun 2016 11:39am EDT 

Montea Cva : Announces custom development of a ca. 12,400 m² logistics building for Edialux (Pelsis Group) in Bornem (Belgium) . The investment will amount to ca. 11 million euros and represent a yield of 6.65 pct . Development of new state-of-the-art air cargo building (ca. 5,000 m²) for Saco Groupair at Brucargo, investment value 3.6 million euros .Delivery of 21,000 m² for DSV Solutions in Ghent, investment value about 21 million euros.  Full Article