Oddo BHF - CTP NV (CTPNV) CTP NV : H1 2024 results: Strong increase in land bank, guidance reiterated, but occupancy and new leases remain relatively weak

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Oddo BHF

Roy Külter ...

Steven Boumans

CTP NV : H1 2024 results: Strong increase in land bank, guidance reiterated, but occupancy and new leases remain relatively weak

>FY2024 Outlook reiterated, with strong revaluations (both lfl and developments) - CTP confirms its €0.80 - €0.82 guidance for FY2024.Like for like rental growth of 4.8% (Q1 2024: 5.0%). Like-for-like revelations were up 3.0% in H1 2024. Total revaluations in H1 2024 came to €437m, driven by IPuD projects (+€175m), landbank (+€32m), and the standings assets (+€229m). CTP expects yields to have peaked in the CEE region.LTV 46.2% (Q1 2024: 45.9% and 40-45...

08/08/2024 1 EN

Underlying

CTP NV

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NL00150006R6 Euronext Amsterdam Netherlands

Provider

Oddo BHF

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.

See profile

Analysts

Roy Külter

Steven Boumans

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CTP NV : H1 2024 results: Strong increase in land bank, guidance reiterated, but occupancy and new leases remain relatively weak

WOOD Daily: ALARABIA AB; NOVAL GA; MOH GA; CAR PW; LAMDA GA; MBK PW; CTPNV NA; 11B PW

The Rear-View Mirror – EME markets: only Czech PX index in positive territory in August

ODDO BHF Small & MIDCAP MORNING NEWS - 02/09/2024

MFE B shares : La bonne dynamique publicitaire du S1 2024 devrait se poursuivre sur le T3

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