Amsterdam,
20
April
2023
|
07:00
Europe/Amsterdam
Q1 2023 trading update
NSI N.V. (Euronext: NSI / NL0012365084) - Regulatory news
NSI presents the results of Q1 2023. The highlights of the past quarter are:
- Review underway to map out fiscal, operational/strategic and capital options for a post-FBI environment
- Pre-emptive fiscal restructuring prepared, in anticipation of prospective abolishment of FBI regime
- Negative market momentum drives review of development pipeline (program, timing and funding)
- Excellent balance sheet, with LTV at 26.4%; strong like-for-like gross rental income growth in Q1 at 5.2%
- EPRA vacancy rate at 6.7% at Q1 2023, up 0.5% over the quarter