DGAP-News: Update first quarter 2014 DGAP-News: Wereldhave

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News Desk 2018
DGAP-News: Update first quarter 2014

DGAP-News: Wereldhave / Update first quarter 2014 25.04.2014 / 08:04 --------------------------------------------------------------------- Schiphol, the Netherlands, 2014-04-25 08:03 CEST (GLOBE NEWSWIRE) -- Summary Wereldhave is well on track in achieving its strategic objectives for 2014: - Occupancy in the shopping centre portfolio improved slightly to 98.5%, particularly due to new lettings in the Netherlands, and is above the targeted 98%. - Like-for-like rental growth of the retail portfolio is expected to be at least 140 bps above indexation. - General costs are expected to remain at the targeted [Eur] 14m for 2014. The decline in the direct result from net rental income due to property disposals in 2013 will be more than compensated by acquisitions, the completion of developments and a positive like-for-like rental growth in 2014. For 2014, Wereldhave expects a direct result above the 2013 direct result per share of [Eur] 3.30. Samenvatting Wereldhave is goed op weg om de strategische doelen voor 2014 te behalen: - De bezettingsgraad van de winkelcentra portefeuille verbeterde tot 98,5%, vooral door nieuwe verhuringen in Nederland, en ligt daarmee boven de doelstelling van 98%. - De Like-for-like (LFL) huurgroei zal naar verwachting ten minste 140 basispunten boven indexatie liggen. - De beheerkosten zullen naar verwachting op de doelstelling blijven van [Eur] 14m voor 2014. De daling in het directe resultaat door lagere netto huurinkomsten als gevolg van verkopen, zal in 2013 meer dan worden gecompenseerd door aankopen, de oplevering van ontwikkelingsprojecten en een positieve LFL huurgroei. Voor geheel 2014 verwacht Wereldhave een direct resultaat dat hoger is dan het directe resultaat over 2013 van [Eur] 3,30 per aandeel. Information for the 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=470856 News Source: NASDAQ OMX End of Corporate News --------------------------------------------------------------------- 25.04.2014 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 --------------------------------------------------------------------- 264664 25.04.2014

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