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Thursday, 8 February 2018

Befimmo SA - Annual Results 2017 - Embargo 08.02.2018 5.40 PM

Befimmo SA    

Published: 17:42 CET 08-02-2018 /GlobeNewswire /Source: Befimmo SA / : BEFB /ISIN: BE0003678894

Befimmo SA - Annual Results 2017 - Embargo 08.02.2018 5.40 PM

Annual Results 2017

-North area:

  • Quatuor (60,000 m²):
    • One third of the project prelet (22,000 m²)
    • Final permits obtained and works started
  • « Future ex-WTC 1 & 2 »: a new multifunctional space 

-Arts 56: acquisition of a right in rem to a 99-year leasehold


-Value crystallisation of the Brederode complex (capital gain of €21.5 million)

-Silversquare @Befimmo: an innovative and strategic partnership

 

-Solid letting activity (58,400 m²)
-Stable fair value of the property portfolio (+0.54%) at constant perimeter

 

-EPRA earnings of €3.74 per share, in line with forecasts
-Net result of €5.32 per share
-Net asset value of €56.63 per share
-Loan-to-value ratio of 39.61%

 

-Confirmation of the proposed final dividend of €0.86 gross per share, payable as from 4 May 2018, bringing the total dividend for the fiscal year to €3.45 gross per share

 

-Dividend outlook of €3.45 gross per share for the 2018 fiscal year

 

Please click on the following link to consult the press release:



Befimmo SA - Annual results 2017 - EMBARGO - 8 2 2018 - UK - FINAL



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Befimmo NV, Parc Goemaere
Waversesteenweg 1945, Brussel 1160, België
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