Intu published its H1 results with NRI standing at £207.6m, down 1% lfl, underlying EPS up 6% to 6.3p yoy, supported by low yields and positive impacts from acquisitions. The interim dividend stands at 4.6p. Occupier conditions remained strong in the half year, with same store sales up 3.4%, footfall up 1% with an occupancy rate at 95% in line with FY14. On the valuation, the NAV gained 1.6% to 385p and the group’s total portfolio now stands at £9.5bn at GS from £8.96b
31 Jul 2015
H1 15: Increasing scale in Spain
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
H1 15: Increasing scale in Spain
- Published:
31 Jul 2015 -
Author:
Alda Kule Dale -
Pages:
2
Intu published its H1 results with NRI standing at £207.6m, down 1% lfl, underlying EPS up 6% to 6.3p yoy, supported by low yields and positive impacts from acquisitions. The interim dividend stands at 4.6p. Occupier conditions remained strong in the half year, with same store sales up 3.4%, footfall up 1% with an occupancy rate at 95% in line with FY14. On the valuation, the NAV gained 1.6% to 385p and the group’s total portfolio now stands at £9.5bn at GS from £8.96b