FDR published it H1 figures with GS rental income up 3% yoy to €271m (-0.1% lfl), NAV per share up 2% to €75.8 and a total portfolio revaluation of 2.1% lfl to €17.4bn and €10.8bn at GS. EPRA net income stands at €170m up 4% or €2.62 per share, marginally in line with our expectations and occupancy remained high at 97% (with Hotels always leading with 100% and a weaker Beni Stabili at 94.1%). Its financial position remains strong with net debt GS standing at &eur
29 Jul 2015
A positive H1, and positive stance maintained
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A positive H1, and positive stance maintained
Covivio SA (COV:PAR) | 0 0 2.3% | Mkt Cap: 6,604m
- Published:
29 Jul 2015 -
Author:
Alda Kule Dale -
Pages:
2
FDR published it H1 figures with GS rental income up 3% yoy to €271m (-0.1% lfl), NAV per share up 2% to €75.8 and a total portfolio revaluation of 2.1% lfl to €17.4bn and €10.8bn at GS. EPRA net income stands at €170m up 4% or €2.62 per share, marginally in line with our expectations and occupancy remained high at 97% (with Hotels always leading with 100% and a weaker Beni Stabili at 94.1%). Its financial position remains strong with net debt GS standing at &eur