Report
Gerardo Ibanez ...
  • Steven Boumans

WDP : Q1 2024 results: Outlook reiterated, but no step-up in developments

>Outlook reiterated, inline results, low number of newly identified projects - FY2024 EPRA EPS guidance reiterated at €1.47/sh.Minor positive revaluation +0.4% for Q1 (Q4 -0.5%), mainly based on stability in the existing portfolio and unrealised capital gains on projects and recent acquisitions. EPRA NIY is stable at 5.3% vs Q4.in Q1 2024, about € 200m of directly yielding assets (acquisitions, project completions) have accrued into the balance sheet at a yi...
Underlying
Warehouses De Pauw SCA

Warehouses De Pauw and its subsidiaries are engaged in investment in the Belgian semi-industrial property market. Co. is a closed-end property investment company which specializes in: development of storage and distribution premises; customized projects in line with the user's request; acquiring premises for customers who wish to engage in sale and leaseback transactions.

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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