- EPRA earnings of €13 MILLION in H1 2017 consisting of:
- earnings on a recurrent basis of €10.8 million
- a once-off severance compensation of € 1.3 million received from SAS Automotive
- a once-off fee of €0.9 million linked to the delivery of the building leased to DHL Aviation nv
- EPRA earnings per share of €1.31 per share in H1 2017
- Operating margin amounts exceptionally to 95.9% in H1 2017 or 90.9% without the aforementioned once-off compensations
- Occupancy rate of 95.8% at the end of Q2 2017
- Average term of leases on first expiry date of 7.8 years
- Increase of the fair value of the property portfolio by 11% to €617 million compared with €552 million at the end of 2016
- Debt ratio of 56.9 % at the end of Q2 2017 – Average term of loans of 5.3 years – average term of interest rate hedging of 7.2 years
- Prospects for 2017
- Property portfolio grows to €650 million
- Occupany rate above 95% - Term of lease remains above 7 years
- Operating margin of 89% on an annual basis
- EPRA earnings 2017 increase to €26 million
