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BRIEF-Terreis FY rental revenue down 66.7 million euros
March 8, 2017 / 8:54 AM / 7 months ago

BRIEF-Terreis FY rental revenue down 66.7 million euros

March 8 (Reuters) - Terreis SA:

* FY rental revenue 66.7 million euros ($70.48 million) versus 70.7 million euros year ago

* Will propose dividend of 0.79 euros per share, an increase of 3.9 percent compared to 2015 dividend

* FY revalued portfolio (excluding. duties): 1.94 billion euros (+13.5 percent)

* FY EPRA NAV: +21.4 percent at 45.08 euros per share

* Terreis will concentrate on the disposal of its non-strategic assets (residential, regional and paris area) in optimal conditions

* Net proceeds from disposals will be reinvested in office buildings within Paris CBD Source text for Eikon: Further company coverage: ($1 = 0.9463 euros) (Gdynia Newsroom)

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