Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

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
If you would like to unsubscribe and stop receiving these e-mails click here.