IRES REIT - FY 2017 results preview

Davy Research
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We expect IRES to report another set of solid results in the second half of FY 2017 with NAV growing by 4.8 cents in the period to 118.1 cents per share. This reflects a total return of 7.3 cents per share or 6.4% after paying the interim dividend. This would bring the FY 2017 total return to an impressive 13.2%. The results are scheduled for Thursday February 22nd.