April 19, 2018 / 9:33 AM / a month ago

BRIEF-NSI Q1 Net Rental Income Down At 15.1 Million Euros

April 19 (Reuters) - NSI NV:

* Q1 NET RENTAL INCOME EUR 15.1 MILLION VERSUS EUR 16.1 MILLION YEAR AGO

* Q1 VACANCY RATE 18.8% (UP 0.4% VERSUS YE 2017)

* FOR 2018 EXPECT TO BE ABLE TO MAINTAIN A DIVIDEND DISTRIBUTION OF €2.16 PER SHARE

* LEASING MOMENTUM POINTS TO LIKE-FOR-LIKE VACANCY IMPROVEMENT FOR 2018

* EXPECTS RUN-RATE EPS FOR Q2 TO BE LOWER THAN IN Q1

* "FURTHER REDUCTION IN THE VACANCY RATE AND CONTINUED ASSET ROTATION AS THE TWO MAIN POINTS OF FOCUS FOR NOW"- CEO Source text : bit.ly/2Hbg6p0 Further company coverage: (Gdynia Newsroom)

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