Report
Roy Külter ...
  • Steven Boumans

WDP : Q3 2024 results: Outlook reiterated with investments rising and developments falling

>Reiterated guidance, projects under development and pre-lettings declined - FY2024 EPRA EPS guidance reiterated at €1.47/sh.Fair value changes of +1.5% for 9M 2024 (H1 +1%), mainly due to latent capital gains on projects and recent acquisitions combined with a stable existing portfolio.Projects under development declined to €354m with a lower average 6.7% yield (H1 2024: €391m and 6.9% yield), while the total investment volume is growing to €600m at a 7% av...
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
Roy Külter

Steven Boumans

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