A new tenant and increased occupancy in a parking facility helped offset a decrease in rental income for West Hamilton Holdings, President J Michael Collier reported today.The Bermuda Stock Exchange-listed company, whose main holding is the Belvedere Building on Pitts Bay Road, earned net income in the period under review of $386,808, compared to 2012 figures of $396,682.Mr Collier made the announcement in a letter to shareholders.He stated that total revenue for the period was $1,053,053 representing a marginal increase in comparison to 2012, $1,049,431. Rental income for the first half of 2013 continues to be under pressure due to the protracted softness of the commercial real estate market in Bermuda.He said: “Towards the end of the period, a new tenant agreed a long-term lease in the Belvedere Building which will have a positive impact on rental income for the second half of 2013. The decrease in rental income was partially offset by increased occupancy of the Company’s parking facility on Pitts Bay Road. The demand for parking spaces is increasing and the facility will be operating at full capacity later in the year.”He told shareholder that operating income for the first half of 2013 decreased by 2.5 percent compared to 2012 to $386,808. In 2012 the figure was $396,682.Earnings per share were $0.13 for the period as compared to $0.14 per share in 2012.