Vastned Belgium: Interim statement from the Board of Directors as at 30 September 2023

• EPRA earnings of € 2.10 per share for the first nine (9) months of 2023, compared to € 1.93 per share for the same period previous financial year.• Increase of the expected EPRA earnings per share for 2023 to € 2.75 - € 2.80 (from € 2.65 - € 2.75).• High occupancy rate of 99.3% underlines the quality of the real estate portfolio.• Slight decrease (€ -0.7 million or -0.2%) in the fair value of the real estate portfolio compared to previous financial year.• € 28.8 million of unused credit facilities available.• A low debt ratio of 26.5% provides solid protection.• Discussions about the extension of the existing credit facilities are currently ongoing. The Company will seek to complete these discussions before the end of the financial year.

Full press release:

Attachment

  • Interim statement as per 30.09.2023
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