Report
Amal Aboulkhouatem

(Sponsored) NEPI Rockcastle - Solid 9M business update

9M net operating income stood at EUR 411m, up 12.3% YoY.9M tenant sales remained strong at +9% YoY (LfL, excl. hypermarkets).Occupancy increased 40bps vs June end to 97.7%.LTV is down to a comfortable 30.7%, down 170bps vs June end, following the EUR 300m capital increase.NEPI has reaffirmed its guidance updated in August 2024 based on an expected DEPS for the year to be approximately 5.5% higher than the DEPS of 56.98 cents per share in 2024 and a payout ratio of 90%.
Underlying
NEPI ROCKCASTLE N.V.

Provider
Degroof Petercam
Degroof Petercam

​We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

Analysts
Amal Aboulkhouatem

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