• Final agreements were concluded with over 95% of the lessees affected by the lockdown.
  • Occupancy rate during the third quarter (97.3%) remained stable compared to 30 June 2020.
  • Limited decrease in the fair value of the existing real estate portfolio1 (-0.7%) compared to the first semester of 2020.
  • € 20.2 million of unused credit facilities available.
  • Further decrease in the debt ratio (-0.7%) compared to the first semester of 2020, which means that the debt ratio is now 30.9%.
  • Expected EPRA earnings2 of € 2.35 - € 2.45 per share for financial year 2020.
  • In October 2020, a sales agreement was concluded for the sale of a non-strategic retail park located in Schaarbeek with a capital gain of €1.5 million. This capital gain has not yet been recognized in the results for the first nine months of the financial year.
  • Management’s focus in 2020 primarily on timely collection of rents and maintaining the high occupancy rate for the portfolio.
  • Nomination of Reinier Walta to strategic CEO ad interim, taking over the tasks of the strategic CEO within the executive committee, as of 1 December 2020.

Full press release