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
