Brief: Wereldhave 9M Net Rental Income EUR At 45.8 Mln

Wereldhave Belgium NV

27/10/2023 07:17

Oct 27 (Reuters) - Wereldhave Belgium NV  WEHB.BR :
    * SLIGHT DECREASE OF THE NET RESULT FROM CORE ACTIVITIES PER
SHARE
OF 0.5% TO € 3.51 AT 30 SEPTEMBER 2023
    * STABLE EPRA OCCUPANCY RATE OF TOTAL PORTFOLIO OF 95.2% AT
30
SEPTEMBER 2023 (95.2% AT 31 DECEMBER 2022)
    * 6% LIKE-FOR-LIKE RENTAL GROWTH AT 30 SEPT
    * HEALTHY DEBT RATIO OF 29.4% AS AT 30 SEPTEMBER 2023 (28.6%
AS AT
31 DECEMBER 2022)
    * NET RENTAL INCOME FOR FIRST 9 MONTHS EUR 45.8 MILLION
    * END-SEPT NET RESULT EUR 24.0 MILLION VERSUS EUR 46.0
MILLION
YEAR AGO
    * OUTLOOK FOR 2023: INCREASE IN THE PROVISION FOR DOUBTFUL
DEBTS
AS WELL AS THE EFFECT OF UNCOLLECTABILITY OF CERTAIN CHARGES IN
THE OFFICE PORTFOLIO
    * OUTLOOK 2023: DECREASE OF THE EXPECTED NET RESULT FROM
CORE 
ACTIVITIES TO € 4.70 - € 4.80 PER SHARE

Source text for Eikon:  urn:newsml:reuters.com:*:nGNE4j6BTL
Further company coverage:  WEHB.BR 

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