Press release
NSI Preliminary results 2016
14 Feb 2017 17:41 CET
Company Name
NL0000292324-XAMS
ISIN
NL0000292324
Hoofddorp, 14 February 2017
PRESS RELEASE
NSI Preliminary Results Full Year 2016
- NSI sets a new, ambitious, strategy focussing on Dutch offices and HNK
- Direct result 2016 of €0.34 per share, above €0.31-0.33 guidance range
- EPRA NAV €4.33 at year-end (-9.6% vs YE 2015)
- EPRA vacancy rate reduced to 21.4% at year-end (-2.9% vs YE 2015)
- Net rents flat (-0.2%) on a like-for-like basis in 2016
- Outlook for Dutch economy improving; Office market in recovery
- Daniel van Dongen, CFO, to step down following AGM on 21 April 2017
Download documents on the website
The investor conference call will take place at 6pm.
Dail-in: NL: +31 20 531 5865
UK +44 20 3365 3210
US: +1 866 349 6093
Israel: 1 80 9212794
Conference ID: NSI
For further information, please contact:
NSI N.V.
Dirk Jan Lucas
T +31 (0)20 763 0368
E dirkjan.lucas@nsi.nl
About NSI
NSI N.V. is a specialist commercial property investor and the only listed real estate investment trust (REIT) focused on The Netherlands. The NSI team aims to maximise returns for shareholders through pro-active management of its investment portfolio and disciplined asset rotation. The portfolio was valued at €1.2bn at the end of September 2016.
For more information visit our website: www.nsi.nl