Aedifica SA: Half year press release - 2017/2018 half year results


Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels), regarding the 2017/2018 half year results. The key points are:

  • €44.5 million rental income as of 31 December 2017, a 19 % increase compared to 31 December 2016
  • 21 % increase in EPRA Earnings* as compared to 30 June 2017, ahead of budget
     
  • Confirmed dividend forecast for the current financial year (€2.50 gross per share, an increase of 11 %)
     
  • Real estate portfolio* of €1.7 billion as of 31 December 2017, an 8 % increase compared to 30 June 2017
     
  • Healthcare real estate now represents almost 83 % of the portfolio, or €1,349 million spread over 124 sites in three countries:
    • €908 million in Belgium (73 sites)
    • €256 million in Germany (27 sites)
    • €182 million in The Netherlands (24 sites)
       
  • Investments totalling €385 million realised or announced since the beginning of the financial year
     
  • Weighted average lease term: 20 years
     
  • 44.7 % debt-to-assets ratio as of 31 December 2017

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