Wereldhave : Completion of the Dutch disposals a positive sign, further progress with the French disposals expected
>French disposals remain key for the investment case - We have updated our estimates on Wereldhave following the successful disposal of the non-core Dutch assets and following the Q1 trading update. In our view, there remains notable execution risk with the planned French disposals which justify our neutral view on the company. Based on the latest management comments during the Q1 update, the disposal process of the France assets has just been relaunched and the comp...Wereldhave is an independent international property investment company. Co. is principally involved in leasing out investment property under operating leases. Co.'s activities are spread over four property sectors and across six European countries - the Netherlands, Belgium, Finland, France, Spain and the United Kingdom - and three regions in the United States. Co. creates value by actively managing shopping centres, through sound timing in the purchase and sale of offices and residential property, and by developing its own property at cost. Co. is a closed-end investment company with variable capital.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.