Brief: Home Invest Belgium FY Net Result At 48.87 Million Euros

Home Invest Belgium SA

24/02/2022 17:12

Feb 24 (Reuters) - Home Invest Belgium SA  HINV.BR :
    * INCREASE IN THE FAIR VALUE OF THE REAL ESTATE PORTFOLIO TO
€
725.47 MILLION ON 31 DECEMBER 2021
    * NET RESULT OF HOME INVEST BELGIUM AMOUNTED TO € 48.87
MILLION IN
2021, OR € 14.86 PER SHARE
    * IMPROVEMENT OF THE OPERATING MARGIN TO 71.9% IN 2021
(COMPARED
TO 67.4% IN 2020)
    * 11.5% INCREASE IN EPRA EARNINGS TO € 16.28 MILLION IN 2021
(COMPARED TO € 14.60 MILLION IN 2020)
    * INCREASE IN THE DISTRIBUTABLE RESULT TO € 21.52 MILLION IN
2021
(COMPARED TO € 19.62 MILLION IN 2020)
    * INCREASE IN EPRA NTA PER SHARE TO € 104.96 ON DECEMBER 31,
2021
(+8.8% COMPARED TO € 96.50 ON DECEMBER 31, 2020)
    * DEBT RATIO TO 53.65% (RREC ROYAL DECREE) AND 52.49% (IFRS)
ON 31
DECEMBER 2021
    * COMPANY DOES NOT HAVE CREDIT LINES OR BONDS MATURING IN
2022
    * FOR 2022, HOME INVEST BELGIUM EXPECTS AN INCREASE OF THE
EPRA
EARNINGS PER SHARE TO € 5.20
    * DISTRIBUTION TO SHAREHOLDERS OF € 5.31 PER SHARE WILL BE
PROPOSED, AN INCREASE FOR THE 22ND CONSECUTIVE YEAR
    * END-DEC FAIR VALUE OF THE INVESTMENT PROPERTIES AVAILABLE
FOR
RENT AMOUNTS TO € 659.81 MILLION ACROSS 50 SITES
    * TOTAL CONTRACTUAL ANNUAL RENTS AND THE ESTIMATED RENTAL
VALUE OF
THE VACANT SPACE AMOUNTS € 31.14 MILLION ON 31 DECEMBER 2021
    * IN 2021, THE NET RENTAL RESULT AMOUNTS TO € 27.20 MILLION
(COMPARED TO € 26.23 MILLION IN 2020)
    * OPERATING RESULT BEFORE PORTFOLIO RESULT AMOUNTS TO €
19.55
MILLION IN 2021 (COMPARED TO € 17.68 MILLION IN 2020)
    * IN 2021, HOME INVEST BELGIUM ACHIEVED A PORTFOLIO RESULT
OF €
27.61 MILLION

Source text for Eikon:  ID:nNDL8NlVWn 
Further company coverage:  HINV.BR 

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