Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels), regarding the half year results 2016/2017. The key points are:
- Aedifica's portfolio surpassed the threshold of 100 senior housing sites, given the addition of 20 senior housing sites to the portfolio since the beginning of the 2016/2017 financial year
- Senior housing now represents 80 % of the portfolio, with a total value of €1,140 million and spread across 3 countries:
- €834 million in Belgium (71 sites)
- €201 million in Germany (21 sites)
- €105 million in The Netherlands (8 sites)
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- 30 % increase in rental income as compared to 31 December 2015, ahead of budget
- 39 % increase in profit excl. changes in fair value, ahead of budget
- 54.0 % debt-to-assets ratio as of 31 December 2016
- For the 2nd consecutive year, Aedifica received the "EPRA Gold Award" in September 2016 for its Annual Financial Report (financial year 2014/2015)
- Unchanged dividend forecast for the current financial year (€2.25 gross per share)
