Leasinvest Real Estate SCA: Half-year financial report 2018

- Regulated press release

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.