Report
Gerardo Ibanez ...
  • Steven Boumans

EuroCommercial : Q1 2024 results: Inline results; operational metrics remain best in class

>Slightly weaker operational metrics, Westland Shopping discussion terminated - FY2024 outlook direct investment result of € 2.30-2.40 confirmed. Like-for-like growth of 3.6% (FY2023: 9.7%), driven by rent indexation (FY2024 target assumes 3.3% indexation).Rent uplifts from renewals were 2.3% (FY2023: +2.8%), supported by like-for-like retailer sales of 3.7 (FY2023: +5.8%) and footfall up 2.7% (FY2023: +3.4%). Belgian (one deal) and French (fashion) showed o...
Underlying
EUROCOMMERCIAL PROPERTIES NV

Provider
Oddo BHF
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.

Analysts
Gerardo Ibanez

Steven Boumans

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