Leasinvest Real Estate: Interim statement of the manger over the first quarter of the financial year 2018 (01/01/2018-31/03/2018)


For the first quarter of the financial year 2018 we record the following key data:

  • Rental income received slightly increases from € 14.3 million end Q1 2017 to € 14.6 million
  • EPRA earnings*[1] increase by 12.6% from € 6.1 million end Q1 2017 to € 6.9 million
  • Important rise (+97%) of net result from € 3.5 million end Q1 2017 to € 6.9 million or € 1.39 per share
  • Funding cost decreases from 2.99% on 31/12/2017 to 2.90%
  • Occupancy rate slightly increases to 94.9%
  • Redevelopments in Belgium and Luxembourg on schedule


[1] Alternative Performance Measures (APM) in the sense of the ESMA directive of 5 October 2015 in this press release are indicated with an asterisk (*) and are further explained in the annexes to this press release.


Integral press release below.


Attachments

2018 05 17 LRE Q1 2018_ENG