Logistics share in the portfolio increases to 78% (73% end 2022) - Share of offices: 22%
EPRA result amounts to € 37.4 million for the 2023 financial year (€ 45.4 million for 2022); EPRA result without taking into account the one-off elements linked to the TPG takeover bid and to the strategic transformation amounts to € 43.9 million
Increase in fair value of total property portfolio by € 86 million or 6% compared to year-end 2022 to € 1.4 billion
Divestments of 4 office buildings totalling € 28 million
Rise in total occupancy rate by 3%-points to 93% (90% at year-end 2022)
Increase hedging ratio: 93% of debt is hedged against long-term rising interest rates (average around 4.0 years) (72% at year-end 2022)
Inclusion of Intervest share in BEL®ESG index of Euronext
Proposed gross dividend of € 1.021 per share, taking into account minimum mandatory dividend distribution under RREC regime
Voluntary and conditional public takeover bid for all outstanding Intervest shares by TPG:
Announcement in October 2023
Period for shareholders to tender their shares began on 18 January 2024 and will end on 21 February 2024 at 4 pm