Company Announcements

Werelhave results FY 2020

Source: OMX
Werelhave results FY 2020

Delivering on our strategy in unprecedented markets

  • Direct result per share (DRPS) € 2.01, in line with guidance despite new lockdowns; € 0.50 dividend per share
  • Outlook trough DRPS 2022 reiterated at € 1.40-1.50
  • LifeCentral strategy realigned with new reality
  • Shopping center occupancy rate improved to 95.0%
  • € 270m refinancing deals and LTV almost stable at 46.3%*
  • Upgrade of Moody's outlook to 'Stable' expected
  • Success with Dutch disposals in 2021: In de Bogaard sold; last two properties in exclusivity phase

* Post-disposal shopping center In de Bogaard