Report
Gerardo Ibanez ...
  • Steven Boumans

Wereldhave : Wereldhave shows retail resilience, we increase our TP to €19

>Wereldhave total return year to date is 36%, but there is room for more - Wereldhave has been one of the top performers year to date in the listed European real estate space. After many years of difficulties, the new strategy is showing to have an impact. Portfolio repositioning, strong investments in its remaining portfolio, and taking the pain regarding write-downs and rebasing rents have all led to a portfolio that saw positive revaluations in H1. We see solid EP...
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
Gerardo Ibanez

Steven Boumans

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