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Retail Estates NV (RETE.BR)

RETE.BR on Brussels Stock Exchange

77.30EUR
17 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Retail Estates Nv To Issue 35,000 New Shares With A Value Of Eur 2.31 Million
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Retail Estates NV ::SAYS STRENGHTENS ITS INVESTMENTS IN LIMBURG (BELGIUM) WITH A EUR 9.75 MILLION INVESTMENT IN 7 ADDITIONAL RETAIL PROPERTIES .ISSUE OF 35,000 NEW SHARES WITH A VALUE OF EUR 2.31 MILLION.NEW SHARES WILL BE ISSUED AT A CONTRACTUALLY DETERMINED ISSUE PRICE OF EUR 66 PER SHARE.NEW SHARES WILL PARTICIPATE IN PROFITS AS FROM 1 APRIL 2018.CAPITAL INCREASE BY EUR 787,513.64.EUR 9.75 MILLION INVESTMENT IN 7 ADDITIONAL RETAIL PROPERTIES.SAYS INVESTMENTS IN LIMBURG ARE CONCENTRATED IN 5 LOCATIONS: BERINGEN, LOMMEL, TONGEREN, GENK AND LANAKEN.  Full Article

Retail Estates Q1 Net Rental Income Up 33.67 Percent At 23.08 Million Euros
Friday, 27 Jul 2018 

July 27 (Reuters) - RETAIL ESTATES NV ::Q1 NET RENTAL INCOME EUR 23.08 MILLION, UP 33.67 PERCENT YOY.OCCUPANCY RATE WAS 98.31% ON 30 JUNE 2018, COMPARED TO 98.13% ON 31 MARCH 2018.FAIR VALUE OF REAL ESTATE PORTFOLIO ON 30 JUNE 2018 AMOUNTED TO EUR 1,377.25 MILLION.AS OF 30 JUNE 2018, THE DEBT RATIO WAS 48.71%, COMPARED TO 57.57% ON 31 MARCH 2018.MACROECONOMIC UNCERTAINTIES DO NOT ALLOW PREDICTIONS ABOUT THE EVOLUTION OF THE FAIR VALUE OF INVESTMENT PROPERTIES.EXPECTED DIVIDEND IS MAINTAINED AT EUR 3.80 GROSS PER SHARE.EXPECTED DIVIDEND MADE UNDER THE HYPOTHESIS OF A STABLE OCCUPANCY RATE AND A POSITIVE EVOLUTION OF RENTS.  Full Article

Retail Estates FY Real Estate Portfolio Increases To 1,35 Billion Euros
Friday, 18 May 2018 

May 18 (Reuters) - RETAIL ESTATES NV ::FY REAL ESTATE PORTFOLIO INCREASES TO EUR 1,349.37 MILLION (+25.95%).END FY OCCUPANCY RATE REMAINS HIGH (98.11%).FY NET RENTAL INCOME EUR 77.8 MILLION VERSUS EUR 66.0 MILLION YEAR AGO.FOR 2018-2019 CO EXPECTS THE RENTAL INCOME TO AMOUNT TO EUR 91 MILLION.TO PROPOSE A DIVIDEND OF EUR 3.6 PER SHARE.FY OPERATING PROFIT EUR 64.9 MILLION VERSUS EUR 71.5 MILLION YEAR AGO.EPRA RESULT GROUP SHARE EUR 47.9 MILLION VERSUS EUR 39.1 MILLION YEAR AGO.FY NET PROFIT EUR 46.7 MILLION VERSUS EUR 52.1 MILLION YEAR AGO.  Full Article

Retail Estates Completes First Phase Of Capital Increase
Wednesday, 25 Apr 2018 

April 25 (Reuters) - RETAIL ESTATES NV ::FIRST PHASE OF CAPITAL INCREASE HAS BEEN SUCCESSFULLY COMPLETED.SUBSCRIPTION PERIOD WITH IRREVOCABLE ALLOCATION RIGHT CLOSED ON 23 APRIL 2018.1,669,426 NEW SHARES WERE SUBSCRIBED T AT A SUBSCRIPTION PRICE OF EUR 65.00 PER NEW SHARE.1,142,530 IRREVOCABLE ALLOCATION RIGHTS THAT HAVE NOT BEEN EXERCISED DURING SUBSCRIPTION PERIOD, SHALL BE CONVERTED TO AN EQUAL AMOUNT OF SCRIPS.EQUAL AMOUNT OF SCRIPS WILL BE SOLD IN AN EXEMPTED PRIVATE PLACEMENT IN FORM OF AN "ACCELERATED BOOKBUILDING".THIS EXEMPTED PRIVATE PLACEMENT WILL OCCUR ON 25 APRIL 2018, IMMEDIATELY AFTER PUBLICATION OF THIS PRESS RELEASE..  Full Article

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

BRIEF-Retail Estates Announces Final Results Of Capital Increase

* EXISTING SHAREHOLDERS AND NEW INVESTORS SUBSCRIBED TO 100% OF OFFERED NEW SHARES FOR AMOUNT OF EUR 123.4 MILLION