News
Interim statement by the board of directors for the third quarter of 2019
- Growth of the real estate portfolio by 7% or € 58 million in 2019, to a fair value of € 925 million as at 30 September 2019 (€ 867 million as at 31 December 2018)
Occupancy rate of the total real estate portfolio: 91% (93% as at 31 December 2018)
Office portfolio occupancy rate increased to 89% and logistics portfolio amounted to 93%
Increase in fair value of the existing real estate portfolio by 2%
Increase in EPRA earnings by 59%
EPRA earnings per share: € 1,46 (€ 1,21 in the first nine months of 2018)
Expected growth of the underlying EPRA earnings per share of at least 3% with a gross dividend of at least € 1,50
Average interest rate of the financing: 2,2% (2,4% in the first nine months of 2018)
Debt ratio: 44,1% (43,5% as at 31 December 2018)