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Retail Estates NV (RETE.BR)

RETE.BR on Brussels Stock Exchange

72.80EUR
23 Feb 2018
Change (% chg)

€1.00 (+1.39%)
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€71.80
Open
€72.40
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€72.80
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€71.70
Volume
5,768
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€83.17
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€68.31

Latest Key Developments (Source: Significant Developments)

Retail Estates Purchases Three Retail Parks In The Netherlands
Friday, 22 Dec 2017 

Dec 22 (Reuters) - RETAIL ESTATES NV ::STRATEGIC PURCHASE OF THREE RETAIL PARKS IN THE NETHERLANDS INVESTMENTS IN THE DUTCH PORTFOLIO INCREASE TO EUR 268.64 MILLION.‍INVESTMENT OF EUR 205.44 MILLION, INCLUDING REAL ESTATE TRANSFER TAX AND NOTARIAL FEES​.INVESTMENT ‍PROVIDES AN ADDITIONAL NET RENT ON AN ANNUAL BASIS OF EUR 13.44 MILLION​.FAIR VALUE OF THIS INVESTMENT AMOUNTS TO EUR 196.70 MILLION ACCORDING TO VALUATION DRAWN UP BY REAL ESTATE EXPERTS OF RETAIL ESTATES.  Full Article

Retail Estates H1 operating result falls to 32.2 million euros
Monday, 20 Nov 2017 

Nov 20 (Reuters) - RETAIL ESTATES NV ::H1 EPRA RESULT INCREASES BY 18.6 PERCENT TO EUR 22.0 MILLION.OCCUPANCY RATE AT SEPT 30 WAS 98.2 PERCENT VERSUS 98.1 PERCENT AT MARCH 31.FAIR VALUE OF REAL ESTATE PORTFOLIO AT SEPT 30 AT EUR 1.15 BILLION VERSUS EUR 1.07 BILLION AT MARCH 31.PROPOSED DIVIDEND OF EUR 3.40 CONFIRMED.H1 RENTAL INCOME EUR ‍​36.2 MILLION VERSUS EUR 32.5 MILLION YEAR AGO.MACROECONOMIC UNCERTAINTIES DO NOT ALLOW PREDICTIONS ABOUT EVOLUTION OF FAIR VALUE OF IMMOVABLE PROPERTIES.H1 OPERATING RESULT EUR 32.2 MILLION VERSUS EUR 33.6 MILLION YEAR AGO.H1 NET RESULT EUR 23.6 MILLION VERSUS EUR 19.4 MILLION YEAR AGO.MACROECONOMIC UNCERTAINTIES DO NOT ALLOW PREDICTIONS ABOUT CHANGES IN FAIR VALUE OF INTEREST RATE HEDGING INSTRUMENTS.  Full Article

Retail Estates fully acquires Retail Warehousing Invest
Wednesday, 5 Oct 2016 

Retail Estates NV :Acquisition of complete participation from minority stakeholder in retail warehousing invest.  Full Article

Retail Estates rental income rises to 16 million euros
Friday, 16 Sep 2016 

Retail Estates NV : Q1 net current profit 9.2 million euros ($10.3 million) versus 7.5 million euros year ago . Occupancy rate at June 30 stood at 97.64 percent versus 98.52 percent year ago . Expected dividend maintained at 3.30 euros gross/share . EPRA NAV/share at June 30 57.95 euros versus 56.66 euros at March 31 . Fair value real estate portfolio at June 30 1.00 billion euros, up 0.41 percent on value March 31 .Q1 net rental income 16.0 million euros, up 17.7 percent yoy.  Full Article

Retail Estates announces extension retail Park Wetteren
Tuesday, 30 Aug 2016 

Retail Estates NV : Extension retail park Wetteren . Extension is expected to generate rental income of 0.9 million euros ($1.0 million) and total investment of 14.4 million euros .Completion of project is expected by Sept. 2018.  Full Article

Retail Estates issues 25 million euro 10 year bond
Monday, 13 Jun 2016 

Retail Estates NV : Private placement of 10 year bond for total amount of 25 million euros ($28.21 million) .Bonds have been placed with fixed interest rate and are issued at an issue price of 100 percent with annual gross yield of 2.84 percent.  Full Article

Retail Estates FY net rental income up 17 pct to 61.7 million euros
Wednesday, 25 May 2016 

Retail Estates SA : FY net current result (excluding portfolio result) increases by 27.40 pct to 36.47 million euros ($40.69 million) . FY net rental income up by 17.03 pct to 61.68 million euros by expansion real estate portfolio by 19.55 pct to 1,000.80 million euros . FY occupancy rate remains high (98.22 pct) .Proposed dividend amounts to 3.20 euro (+3.23 pct compared to last financial year).  Full Article

Retail Estates issues 30 million euro bond
Friday, 29 Apr 2016 

Retail Estates NV:Private placement of ten-year bond for total amount of 30 million euros ($34.32 million).4 million euros of bonds are placed with fixed interest rate and yield of 2.839 pct, issue price 100 pct.26 million euros of bonds are placed with floating interest rate, issue price 100 pct.  Full Article