Gert De Mesure (Bvba Demes) has more than 25 years experience in financial markets, of which more than 20 years in buy/sell-side research (Bank Delen, Delta Lloyd Securities and as an independent analyst). He is specialised in Belgian small- and mid-caps, as well as in Belgian REITs.
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​Negative surprise of 26,5 m euro provision on Urbanove overshadows significant capital gain (not disclosed by company) on sale of Paris project. Inclusion of the impact of these 2 events shows that current stock price includes a substantial discount versus net equity or book value
