Befimmo SA: Annual results 2018 - Embargo 14.02.20
Post# of 35790
Befimmo closes a dynamic and ambitious year
- Strategic acquisition of Silversquare , leader and pioneer on the Belgian coworking market
- Announcement of the opening of a Silversquare coworking space in the Quatuor project
- ZIN (110,000 m² - the successor to the present WTC Towers 1 and 2): permit application in progress
- Arts 56 (22,000 m²): the Arts 56 building joins Befimmo's portfolio
- Brederode Corner (7,000 m²): fully let two years before hand-over
- Strong rental activity (52,693 m²)
- Stable fair value of the property portfolio (-0.21%) at constant perimeter
- EPRA earnings of €3.68 per share, in line with forecasts (€3.64 per share)
- Net result of €3.24 per share
- Net asset value of €56.42 per share
- Loan-to-value ratio of 43.62%
- Confirmation of the proposed final dividend of €0.86 gross per share, payable as from 10 May 2019, bringing the total dividend for the fiscal year to €3.45 gross per share
- Dividend outlook of €3.45 gross per share for the 2019 fiscal year
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