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Retail Estates estimates gross dividend for 2018-2019 financial year

Retail Estates NV affirmed its forecast for a gross dividend of €3.80 per share for the 2018-2019 financial year, up 5.56% from the 2017-2018 reporting period.

The Belgian real estate investment trust's distribution estimate is based on its stable occupancy rate and a positive evolution of rents, according to a release.