May 24, 2018 / 5:13 AM / in 7 months

BRIEF-Varia US Properties Net Operating Income At USD 10.2 Million In Q1

May 24 (Reuters) - Varia US Properties Ltd:

* DURING Q1 2018, EFFECTIVE GROSS INCOME REACHED USD 18.7 MILLION, A USD 6.0 MILLION INCREASE FROM Q1 2017

* NET OPERATING INCOME INCREASED FROM USD 7.0 MILLION IN Q1 2017 TO USD 10.2 MILLION IN Q1 2018

* PHYSICAL VACANCY INCREASED FROM 4.7% IN Q1 2017 TO 6.0% 2018

* CONFIDENT TO DELIVER SOLID RESULTS FOR THE FULL YEAR 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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