Befimmo is putting its announced plan into action
During the first quarter:
- ZIN: Befimmo wins the public tender of the Flemish Authorities:
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- The 70,000 m² of office space already pre-let for 18 years
- Capital gain (IAS 40) of €49 million
- Silversquare: extensions and development of new coworking spaces ongoing
- Fair value of the property portfolio up €68.4 million (+2.56%)
- EPRA earnings of €0.72 per share (group share)
- Net result of €2.86 per share (group share)
- Net asset value of €59.06 per share (group share)
After the close of the first quarter:
- Pavilion:
- Transaction carried out as part of the dynamic management of the portfolio
- Distributable capital gain of €14.6 million (€0.57 per share)
- Merger by acquisition of Beway by Befimmo:
- Creation of capacity for accretive growth
At constant perimeter, EPRA earnings forecasts per share for the fiscal year confirmed
Dividend for the fiscal year unchanged (€ 3.45 per share)
Please consult the full press release: