Report
Roy Külter ...
  • Steven Boumans

Wereldhave : Q3 2024 results: In line results, with strong operational metrics

>Outlook reiterate; like-for-like growth accelerates; good operational metrics - Outlook FY2024 Direct Result Per/Sh (“DRPS”) reiterated at € 1.75.Like-for-like rental growth +4.9% (H1: 1.4% and 5% expected for FY2024 stated in Q1). Occupancy to 96.2% (H1 2023: 94.9%). Footfall +5.6% yoy (H1 2024 +5.5%).Minimum guaranteed rents (“MGR”) are down -1.8% for renewed lease agreements, based on 10.2% of total contracts, which on average were signed 8.0% above esti...
Underlying
Wereldhave N.V.

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.

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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