Befimmo : Direct results expected to bottom out in 2021, growth from 2022 onwards driven by committed developments
>2020 better vs expected, net disposals driving the lower direct results guidance, focus on portfolio quality - Befimmo reported higher than expected EPRA earnings figures for 2020 (€ 2.81/sh higher vs earlier guidance of € 2.76/sh following the Blue Tower disposal in H2 2020). While in the case of 2021 guidance, the figures reflect higher than expected disposals in 2021, € 220m, and further delay in the current committed projects, most notably Quatuor (earlier esti...Befimmo is engaged in real estate investments. Co.'s activities are dedicated solely to the ownership and management of a real-estate portfolio. As of Dec. 30, 2012, the portfolio consisted principally of office buildings located in Brussels and let to public authorities or private businesses, and office buildings in various town centres in Flanders and Wallonia, let long-term to public authorities, and a building located in the city of Luxembourg.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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