Qrf Comm. VA reported consolidated earnings results for the six months ended June 30, 2018. For the period, the company reported rental income of EUR 7,845,000 against EUR 7,298,000 a year ago. Net rental income was EUR 7,756,000 against EUR 7,205,000 a year ago. This is attributable mainly to the acquisition of additional properties since 30 June 2016. Operating property result was EUR 7,046,000 against EUR 6,539,000 a year ago. Operating result before result on the portfolio was EUR 6,000,000 against EUR 5,473,000 a year ago. Operating result was EUR 770,000 against EUR 3,995,000 a year ago. Pre-tax result was negative EUR 1,473,000 against positive EUR 2,696,000 a year ago. Net result was negative EUR 1,592,000 against positive EUR 2,491,000 a year ago. Net result attributable to the group shareholders was negative EUR 1,586,000 against positive EUR 2,497,000 a year ago. Diluted net result per group share was negative EUR 0.28 against positive EUR 0.49 a year ago. Cash flow from business activities was EUR 3,754,000 against EUR 1,449,000 a year ago. Acquisitions of intangible and other tangible non-current assets was EUR 5,000 against EUR 22,000 a year ago. EPRA EARNINGS was EUR 4,279,000 against EUR 3,896,000 a year ago.

For 2018, the company expects EPRA earnings of EUR 1.45 - EUR 1.55 per share for 2018.