Hoofddorp, the Netherlands,

RESULTS : Half year 2019

NSI N.V. (Euronext: NSI / NL0012365084) - Regulatory news

  • Strategy update: Selective multi-functional development near major public transport hubs
  • Sizeable potential development programme for next decade of circa € 850m (€ 700m in cap ex)
  • Strong balance sheet, with LTV of 33.7% and proforma debt maturity of 5.4 years
  • EPRA NAV of €43.6 per share (up 9.7% vs year-end 2018)
  • EPRA EPS of €1.24 per share (up 4.5% vs H1 2018)
  • Vacancy rate of 12.5% (down 1.3pp vs Q4 2018)
  • Forecast FY2019: EPRA EPS of €2.40 - € 2.50 and EPRA vacancy below 11%

We are pleased to present our H1 2019 report. During the six-month period we have made further progress across the board.

Please download the report in the download section on the righthand side of this page.

About NSI N.V.

NSI N.V. (Euronext: NSI / NL0012365084) is a specialist commercial property investor and the only listed real estate investment trust (REIT) focused on well-located offices in economic growth regions in The Netherlands. The NSI team aims to maximise returns for its shareholders through pro-active management of its investment portfolio, value-add initiatives, and disciplined asset rotation. The portfolio, with a value of over one billion euros, is underpinned by a strong balance sheet, with significant capacity to fund both internal and external growth. By investing in attractive space and a high level of services for its customers, NSI can generate sustainable and growing revenues to support an attractive level of dividends. For more information visit our website: www.nsi.nl.