RESULTS : Q1 2020 trading update
NSI N.V. (Euronext: NSI / NL0012365084) - Regulatory news
We are pleased to present our Q1 2020 trading update. Highlights of the last 3 months are:
- Strong solvency and liquidity in current uncertain coronavirus environment
- Rent collection of 85% for invoiced rent for month of April and for Q2
- EPRA EPS of € 0.54 per share, driven by like-for-like net rental growth of 9.9%
- Overall vacancy rate of 7.4%
- Final dividend of € 1.12 per share confirmed
- Withdrawing guidance for 2020 due to coronavirus-related uncertainty
Please download the report below
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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.