ODDO BHF Forum 2023
9 January 2023
Table of contents
1. Key Messages & Highlights 9M 2022 and recent developments
- Results H1 2022
- LifeCentral
- Financing & Valuations
- Management Agenda
Appendices
2
Key Messages Wereldhave N.V. 9M 2022
- Direct result per share outlook 2022 lifted to € 1.60-1.65 from previous € 1.55-1.65
- Strong operational results under volatile economic and capital market conditions
- Positive leasing spread on top of 100% pass-through of inflation
- Major step-up in pre-letting Full Service Center transformations
- Solid liquidity position following refinancing of Revolving Credit Facilities
- Continued recognition for ESG program 'A Better Tomorrow' from GRESB and EPRA
- Delivering 3 FSCs in H2 on track and on budget, despite macro uncertainties
- Helped by The Sage office concept, office park Berchem (Antwerp) occupancy risen to 92% from
a low of 72%
3
Highlights 9M 2022
9M 2021 | 9M 2022 | Change | |
Direct result per share (€) | 1.47 | 1.24 | (0.23) |
Indirect result per share (€) | (7.17) | 0.02 | 7.19 |
Total result per share (€) | (5.70) | 1.26 | 6.96 |
31 Dec 2021 | 30 Sep 2022 | Change | |
EPRA NTA per share (€) | 21.54 | 21.59 | 0.05 |
Net LTV | 41.0% | 42.4% | +1.4pp |
NPS (Benelux) | +25 | +24 | -1 |
Proportion of mixed-use Benelux (in m²) | 10.8% | 12.2% | +1.4pp |
4
Operations 9M 2022
New leasing contracts are closed above ERV
Country | # of Contracts¹) | Leasing | MGR | vs ERV | Occupancy Rate |
Volume²) | Uplift | ||||
Belgium | 59 | 9.6% | 4.7% | 13.5% | 97.2% |
Netherlands | 137 | 17.5% | 0.0% | 5.6% | 95.6% |
France | 13 | 9.6% | 0.0% | (0.4%) | 97.2% |
Total | 209 | 13.7% | 1.6% | 7.3% | 96.4% |
5 1) New leases and renewals; excluding other commercial activities such as temporary leases, pop-up contracts and COVID-related discounts
2) As % of the annualized contract rent excluding discounts (MGR)
Attachments
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Disclaimer
Wereldhave NV published this content on 09 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 January 2023 14:18:05 UTC.