DGAP-News: Wereldhave / Results 2013 06.02.2014 / 07:29 --------------------------------------------------------------------- Schiphol, the Netherlands, 2014-02-06 07:29 CET (GLOBE NEWSWIRE) -- After the completion of the first strategic or 'Derisk' phase by mid-2013, Wereldhave is well on track with the Regroup phase of its strategy. For the year 2013, Wereldhave posted a net profit of [Eur] 50.0m (2012: [Eur] -87.1m). The disposal of properties caused a decrease of the direct result to [Eur] 81.3m (2012: [Eur] 93.8m), but general costs decreased significantly and overall like-for-like rental growth from continued operations was 2.7% positive. The indirect result was [Eur] -31.3m, but [Eur] -20.9m of this amount did not impact NAV. EPRA NAV slightly decreased to [Eur] 64.99 per share at year-end 2013 (2012: [Eur] 66.33) and the LTV as per December 31, 2013 decreased to 27.4% (2012: 43.6%). Wereldhave's operational performance was above target. Like-for-like rental growth of the core retail portfolio for the year 2013 is 160 bps above indexation, 35 bps above target. At 98.4%, occupancy of the core retail portfolio was 40 bps above the targeted 98% and general costs dropped to [Eur] 14.5m (target 2013: < [Eur] 16m). At the Annual General Meeting of Shareholders, to be held on April 25, 2014, a cash dividend will be proposed of [Eur] 3.30 per share. Information for press: Richard W. Beentjes E richard.beentjes@wereldhave.com T + 31 20 702 78 33 Information for analysts: Jaap-Jan Fit E jaapjan.fit@wereldhave.com T + 31 20 702 78 43 Click on, or paste the following link into your web browser, to view the associated documents https://newsclient.omxgroup.com/cds/Disclosur...eAttachmen tId=458593 News Source: NASDAQ OMX End of Corporate News --------------------------------------------------------------------- 06.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Wereldhave Netherlands End of News DGAP News-Service --------------------------------------------------------------------- 251310 06.02.2014
DGAP-News: Results 2013 DGAP-News: Wereldhave / Results
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