Please find in attachment a press release from Aedifica (a Belgian public regulated real estate company under Belgian law, listed on Euronext Brussels), regarding the half year results 2015/2016. The key points are:
- 5 senior housing sites added to the portfolio since the beginning of the 2015/2016 financial year
- Senior housing represents 72 % of the portfolio
- 98.3 % occupancy rate for the unfurnished portion of the portfolio as of 31 December 2015 and 81.0 % for the furnished portion
- 25 % increase in rental income as compared to 31 December 2014, ahead of budget
- 43 % increase in profit excluding IAS 39 and IAS 40, ahead of budget
- Fair value of investment properties of €1,065 million, an increase of €60 million (i.e. +6 %) compared to 30 June 2015, of which €8 million taken in the income statement
- 39.9 % debt-to-assets ratio as of 31 December 2015
- Aedifica received the "EPRA Gold Award" in September 2015 for its 2013/2014 Annual Financial Report, and in October 2015, was awarded the prize for the best financial communication among "Mid & Small Cap" from the Belgian Association of Financial Analysts
- Unchanged dividend forecast for the current financial year (€2.05 gross per share)
