Terreïs Reports Rental Income Results for the Third Quarter and Nine Months of 2012; Provides Earnings Guidance for the Full Year 2012; Announces Interim Dividend, Payable on November 15, 2012
For the nine months, the company reported total rental income of 42,990,000, 47.5% increase against 29,145,000 a year ago. This increase was in line with the revenue growth.
The company expects rental income of over 35%, in 2012, a gradual refocusing of its assets on Paris commercial real estate through the disposal of part of its regional and residential assets.
The company will pay an interim dividend of 0.30 per share on November 15, 2012, and is confirming a higher dividend target for the 2012 financial year than in 2011.