Leasinvest Real Estate SCA: Half-year financial re
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For the first half-year of the financial year 2018 we record the following key data:
- The EPRA earnings increase by 5.3% from € 13.3 million end 1H 2017 to € 14.0 million
- Rise (+26%) of the net result from € 15.6 million end 1H 2017 to € 19.7 million or € 3.99 per share
- Rental income in line with first half-year of 2017
- The rental yield (based on fair value) increases from 6.44% end 2017 to 6.61%
- The funding costs decreases considerably from 2.99% on 31/12/2017 to 2.79%
- Treesquare in the CBD of Brussels and the extension of the Frun® Park Asten were successfully delivered
- The current developments in Belgium and Luxembourg progress as planned
Full press release below.
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