WERELDHAVE N.V. 
Degroof Petercam Real Estate Conference 2022
4 - 5 October 2022
Table of contents
- Key Messages & Highlights
- Results
- LifeCentral
- Financing & Valuations
-
Management Agenda
Appendices
2
Key Messages Wereldhave N.V. H1 2022
- DRPS H1 2022 at € 0.81 per share. FY 2022 guidance € 1.55 - 1.65 confirmed
- Strong leasing market, Dutch leasing spreads positive for the first time since 2016
- Daily life / convenience exposure increased to 62% (vs. 51% pre LifeCentral)
- Footfall back at 2019 levels, significant outperformance vs. Benelux market
- Positive valuations in core portfolio. Presikhaaf Full Service Center +3%
- Delivering 3 FSCs in H2 on track and on budget, despite macro uncertainties
3
Highlights H1 2022
H1 2021 | H1 2022 | Change | |
Direct result per share (€) | 0.93 | 0.81 | (0.12) |
Indirect result per share (€) | (1.79) | 0.03 | 1.82 |
Total result per share (€) | (0.86) | 0.84 | 1.70 |
FY 2021 | H1 2022 | Change | |
EPRA NTA per share (€) | 21.54 | 21.16 | (0.38) |
Net LTV | 41.0% | 42.7% | +1.7pp |
NPS (Benelux) | +25 | +24 | -1 |
Proportion of mixed-use Benelux (in m²) | 10.8% | 11.9% | +1.1pp |
4
Highlights H1 2022
Large NRI growth driven by strong leasing market and no Covid-19 impact
Net Rental Income | H1 2021 | H1 2022 | Growth | LFL Growth |
(€ m) | ||||
Belgium | 19.8 | 23.3 | 17.6% | 17.7% |
Netherlands | 26.1 | 27.1 | 3.7% | 13.7% |
Core Portfolio | 45.9 | 50.4 | 9.7% | 15.7% |
France | 13.2 | 3.7 | (72.2%) | 36.1% |
Offices Belgium | 2.4 | 1.9 | (19.2%) | (19.2%) |
Total | 61.5 | 56.0 | (8.9%) | 15.0% |
5
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Wereldhave NV published this content on 04 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 October 2022 10:41:02 UTC.
