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Last news
Wereldhave Trading update Q1 2024
Wereldhave Trading update Q1 2024
April 24, 2024
Full Service Center footfall continues to power ahead: 10% above Q1 2023
Retail sales +5%, well above inflation
Polarizing leasing market in the Benelux with several expanding formulas but also some bankruptcies
Leasing spreads in the Netherlands moving into positive territory
Rent collection >97% underpinning tenant quality
LTV improved to 41.5% due to positive Belgian revaluations (ERV driven) and targeted CAPEX
Update on short-term strategic focus: rotating capital out of the Netherlands to further reduce LTV
Full Service Center Sterrenburg awarded with the 2024 Kern annual development award
Forecast FY 2024 DRPS € 1.75 reiterated
Attachment
Trading update Q1 2024 Wereldhave N.V.
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Thursday US publications Ferrellgas Partners LP and Park City Group Inc
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