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Update Third Quarter 2013

SCHIPHOL, The Netherlands, Oct. 31, 2013 (GLOBE NEWSWIRE) --

Summary

Wereldhave is well on track in achieving its strategic objectives 2013-2015:

  • Like-for-like rental growth of the core retail portfolio for 2013 is expected to be at least 3.25%, 125 bps above indexation.
  • Occupancy has improved, particularly due to new lettings in the Netherlands, and is now above the targeted 98%.
  • General costs are expected to remain below [Eur] 15m, well below the targeted maximum of [Eur] 16m for 2013.

Wereldhave reconfirms its forecast of a direct result between [Eur] 3.20 and [Eur] 3.30 per share for 2013. The dividend forecast is maintained at [Eur] 3.30 per share.

On October 29, 2013, Wereldhave has reached agreement with Coca Cola Enterprises on a nine year fixed lease for the NODA office development in Issy-les-Moulineaux (Paris).

Information for the press:
Richard W. Beentjes
E richard.beentjes@wereldhave.com
T + 31 20 702 78 33
Information for analysts:
Jaap-Jan Fit
E jaapjan.fit@wereldhave.com
T + 31 20 702 78 43

Source:Wereldhave