Logistics share of the portfolio increases to 77% (73% at end 2022) - Share of offices: 23%
Acquisition in Q3 2023 of a strategic logistics site with future sustainable redevelopment potential of 70,000 m² in Liège (Herstal)
EPRA earnings amount to € 31.9 million for 9M 2023 (€ 35.4 million for 9M 2022): 10% decrease due to rising interest and property costs, partly offset by higher rental income
Rise in the fair value of the total property portfolio by € 92 million or 7% compared to year-end 2022, due to acquisitions, developments and sustainable investments in the logistics segment and a positive revaluation of the total property portfolio
Increase in total occupancy rate by 1%-point to 91% (90% at year-end 2022)
Increase in hedging ratio: 86% of debt hedged against long-term rising interest rates (average around 4.2 years) by opening and extending IRSs (72% at year-end 2022)
Debt ratio is 49.4%
In October 2023: announcement of conditional voluntary public tender offer for all outstanding Intervest shares by TPG