Northstar Realty Europe reports Q4 EPS 2c vs. 24c last year
Reports Qr revenue $32.54M vs. $31.87M last year. Reports net asset value of $19.85 per share as of December 31, 2017, an increase of over $2 per share over Q3, driven "primarily by leasing activity during the second half of 2017." The company said, "We are pleased to report another productive year in which we successfully leased or renewed over 16% of our portfolio and completed a number of value enhancing initiatives that contributed to an uplift in NAV of over $2 per share. "We have a highly capable team with extensive knowledge and expertise in the industry as evidenced by our track record of successfully acquiring, managing and exiting investments across Europe. This quarter, we have prepared a supplementary presentation summarizing our operational achievements to date.