Skip to main content

Intervest Offices & Warehouses NV: Half-yearly financial report 2021

Written by Customer Service on . Posted in Public Companies.

#TeamIntervest achieves important milestones in strategic growth plan #connect2022

  • EPRA earnings per share of € 0,83: +9% or € 0,07 compared to 2020 HY
  • Expected EPRA earnings per share between € 1,65 – € 1,68
    • Increase of the previously communicated expected EPRA earnings € 1,62 – € 1,65
    • 3% – 5% higher than in 2020 (€ 1,60)
  • Confirmation of the target gross dividend of € 1,53 for 2021 – at the same level as in 2020
  • Active rental policy
    • logistics portfolio: 100% occupancy
    • total real estate portfolio: +1% to 94%
    • organic growth in rental income: 5%
    • important rental transactions in Genk Green Logistics with Eddie Stobart Logistics Europe and with P&O Ferrymasters and in Herentals Green Logistics with Schrauwen Sanitair en Verwarming
  • Own dedicated team in the Netherlands
    • a sale-and-lease-back agreement with Nouwens Transport Breda, the first logistics site in Breda
    • development potential in built-to-suit projects in ’s-Hertogenbosch and Venlo
  • Greenhouse Woluwe Garden will be the next implementation of successful redevelopment approach in the office segment by and with #TeamIntervest
  • Average interest rate: 1,9%
  • Collection of rent receivables in line with normal payment pattern, 93% received from Q3 2021
  • Future possible value increase over a period 2021 – 2025 between € 255 – € 297 million thanks to (re)development with in-house team
  • Solid foundation through activities in two real estate segments, diversified tenants, a strong balance sheet and sufficient financial resources due to € 132 million of unused credit lines

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.