NOTES OF THE BOARD OF DIRECTORS ON Q1 2022

REGULATED INFORMATION
Brussels, 16 May 2022 07.30 am CEST

KEY FIGURES
For Q1 2022 we note the following key data:

  • Net result of €21.8 million, or €2.18 per share
  • Rental income up by €2.1 million
  • Loan-to-value on the investment portfolio down by two percentage points at 53.7%
  • Sale of the buildings The Crescent (Anderlecht, Belgium) and Monnet 4 (Kirchberg, Luxembourg) resulting a profit of €5 million
  • The average financing cost fell from 2.07% in 2021 to 2.05% on 31 March 2022
  • Developments on Cloche d’Or continue apace, with the sale of the Kockelscheuer building in January 2022 and delivery of the Darwin II building
  • At the Tour&Taxis site the apartments of the first-phase of Park Lane are gradually being delivered, while events can once again take place in the Sheds, Maison de la Poste and Gare Maritime

16-05-2022-EN FINAL

Attachment

  • 16-05-2022-EN FINAL