Report
Gerardo Ibanez ...
  • Steven Boumans

Wereldhave : Will idiosyncratic results outweigh a weaker macro environment? Three questions answered makes us think so

>Retail environment was good for H1 2022, but what does H2 and later bring? - Last week’s results from Wereldhave were positively viewed by us, where we were of the opinion that the strong operating results were more important than the postponement of the French divestments and now expected higher LTV for FY2022. The initial results for the transformation program are hopeful, however macro-uncertainty could spoil the party going forward. In this note we try to answer ...
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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