Aedifica NV/SA: 2019/2020 half year results

Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels), regarding the 2019/2020 half year results. The key points are:Rental income increased to €72 million as of 31 December 2019 (+42% compared to 31 December 2018)EPRA Earnings* of €46.6 million as of 31 December 2019, (+47% compared to 31 December 2018Confirmed dividend forecast for the current financial year (€3.00 gross per share, an increase of 7%)Real estate portfolio* of €2.6 billion as of 31 December 2019, an increase of more than €315 million compared to 30 June 2019 (+14%)290 healthcare real estate sites for more than 21,000 residents in four countries:€1,050 million in Belgium (79 sites)€543 million in Germany (67 sites)€402 million in the Netherlands (53 sites)€571 million in the United Kingdom (91 sites)Pipeline of €480 million in acquisitions, construction and renovation projects (excl. Hoivatilat)Weighted average unexpired lease term of 21 years and occupancy rate of 100%43.8% debt-to-assets ratio as of 31 December 2019In January 2020, Aedifica entered the Finnish and Swedish markets through the acquisition of Hoivatilat Oy, a Finnish healthcare real estate developer and investor; on 30 January 2020, Aedifica controls approx. 98% of Hoivatilat’s sharesAttachmentsPress release ENCommuniqué de presse FRPersbericht NL