Edition:
United States

Vastned Retail H1 direct result per share down at 1.21 euro


Tuesday, 2 Aug 2016 01:55am EDT 

Vastned Retail Nv : H1 direct result per share of 1.21 euro versus 1.23 euro a year ago . H1 gross rental income of 45.6 million euros versus 45.7 million euros a year ago . Financial occupancy rate total portfolio at june 30 of 96.1 percent versus 96.7 percent a year ago . The total value of the portfolio was approximately 1.7 billion euros at 30 June 2016 . Confirms guidance for the 2016 direct result of between 2.30 euros - 2.40 euros per share . Expects to propose a dividend of 2.05 euros per share same as 2015 . Expected 2016 direct result maintained at 2.30 euros - 2.40 euros per share . Expected dividend proposal 2016 of 2.05 euros per share equal to 2015 dividend .Will not further expand its portfolio in Istanbul and that all other options are examined.