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Wereldhave : Successful disposals of the remaining non-core assets remain a priority

>Investment case – successful disposals of the remaining non-core assets remain a key for future growth - We have revised our estimates on Wereldhave following the FY 2020 results. We maintain a neutral view on the company. The new strategy update announced in early 2020 makes sense, in our view, given the company’s inner-city shopping centre portfolio across the three regions (targeted 1% long term rental growth vs negative or zero with current portfolio structure). ...
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.

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