Oct 25 (Reuters) - MERCIALYS SA ::MERCIALYS: EURO 150 MILLION BOND ISSUE WITH A PRIVATE PLACEMENT.NEW 10-YEAR BOND FINANCING LINE, HELPS EXTEND AVERAGE MATURITY OF MERCIALYS' DEBT.DEUTSCHE BANK ACTED AS BOOKRUNNER.OPERATION DOES NOT HAVE ANY IMPACT ON MERCIALYS' 2017 OBJECTIVES.OPERATION IS FOR GENERAL CORPORATE PURPOSES, INCLUDING PARTIAL REFINANCING OF BOND ISSUE MATURING IN MARCH 2019..
Full Article
Oct 17 (Reuters) - MERCIALYS SA :END-SEPT RENTAL REVENUE EUR 137.8 MILLION VERSUS EUR 139.0 MILLION YEAR AGO.FOR FY, CONFIRMS ORGANIC GROWTH IN INVOICED RENTS EXCLUDING INDEXATION WILL BE OVER +2%.TO PAY OUT A DIVIDEND FROM 85% TO 95% OF 2017 FFO.DIVIDEND TO BE AT LEAST STABLE COMPARED WITH THE DIVIDEND FOR 2016.
Full Article
Mercialys SA : FY EBITDA 160.5 million euros versus 144.1 million euros year ago . In 2016 a 5.1 pct increase in NNNAV excluding transfer taxes to 20.22 euros per share . 2016 invoiced rents are up 13.1 pct to 187.6 million euros . Proposed dividend distribution of 1.06 euro per share for 2016 . Dividend will correspond to 85 pct to 95 pct of 2017 FFO . 2017 outlook: organic growth in invoiced rents excluding indexation is expected to exceed 2 pct .2017 outlook: FFO, reflecting asset disposals, should be down by about minus 5 pct, this trend could evolve based on schedule of disposals.
Full Article
Mercialys SA : Rental revenues up +12.3 pct to 139.0 million euros ($155.69 million) at end-September .For whole year, Mercialys will pay out a dividend ranging from 85 pct to 95 pct of 2016 FFO.
Full Article
Mercialys SA : H1 growth in invoiced rents: +14.0 pct to 91.9 million euros ($101.03 million) . H1 sustained growth in FFO: +3.3 pct to 58.7 million euros . H1 net rental income 87.1 million euros versus 77.2 million euros year ago . Outlook for 2016: Mercialys is reconfirming its targets for organic rental growth excluding indexation of over +2 pct and +2 pct FFO growth .Payment of an interim dividend of 0.43 euros.
Full Article
Mercialys SA : Acquisition of two sites for transformation from Monoprix in the Paris region . Investment represents a total of 69.6 million euros (including transfer tax), with an immediate yield rate of 5.6 pct . These two sites will be extensively redeveloped and residential development projects are already being looked into .Estimated 30 million euros of work and an IRR of around 9 pct.
Full Article
Mercialys SA : 70 pct of a redeveloped asset in Rennes and the Anglet site sold to an OPPCI investment fund subsidiary of Schroder European Real Estate Investment Trust . Transaction is based on a 100 pct valuation of these assets for 61.8 million euros ($68.26 million) (including transfer taxes), delivering an exit rate of 5.0 pct . 3.1 million euros of full-year rent generated by these assets .Overall IRR on this operation represents 9.0 pct.
Full Article
Earnings vs. 
Estimates