DGAP-News: Wereldhave Update first quarter 2015 24.04.2015 / 07:39 --------------------------------------------------------------------- Schiphol, the Netherlands, 2015-04-24 07:39 CEST (GLOBE NEWSWIRE) -- Summary Compared to the previous year, gross rental income for the first quarter of 2015 rose 56.9%, due to the acquisitions of shopping centres in 2014 in The Netherlands, Belgium and France and development projects that came into operation. Occupancy remained stable at 92.5%. Slight decreases in occupancy in The Netherlands, Belgium and France were offset by an increase in occupancy in Finland. Overall occupancy of the shopping centre portfolio amounts to 93.9%. There were no significant changes to the investment portfolio during the first quarter. In Belgium the construction of the first phase of the redevelopment in Tournai started in March 2015, with completion scheduled for the first quarter of 2016. The Dutch shopping centre refurbishment program is making good progress and some important leases that were signed with the Blokker retail group underpin that up-to-standard shopping centres still attract increasing footfall and tenants. There were no changes to the debt portfolio. As at March 31, 2015, the LTV stood at 35.5% and EPRA NAV amounted to [Eur] 54.61. Wereldhave reiterates that for the years 2015 and 2016, a compounded average growth of the direct result per share between 6% and 9% is anticipated. Information for the press: Richard W. Beentjes E richard.beentjes@wereldhave.com T + 31 20 702 78 32 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=513402 News Source: NASDAQ OMX --------------------------------------------------------------------- 24.04.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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 --------------------------------------------------------------------- 348087 24.04.2015
DGAP-News: Update first quarter 2015 DGAP-News: Wereldhave
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