Schiphol, the Netherlands, 2013-10-31 07:54 CET (GLOBE NEWSWIRE) --
Summary
Wereldhave is well on track in achieving its strategic objectives 2013-2015:
• Like-for-like rental growth of the core retail portfolio for 2013 is expected to be at least 3.25%, 125 bps above indexation.
• Occupancy has improved, particularly due to new lettings in the Netherlands, and is now above the targeted 98%.
• General costs are expected to remain below € 15m, well below the targeted maximum of € 16m for 2013.
Wereldhave reconfirms its forecast of a direct result between € 3.20 and € 3.30 per share for 2013. The dividend forecast is maintained at € 3.30 per share.
On October 29, 2013, Wereldhave has reached agreement with Coca Cola Enterprises on a nine year fixed lease for the NODA office development in Issy-les-Moulineaux (Paris).
Information for the press:
Richard W. Beentjes
E richard.beentjes@wereldhave.com
T + 31 20 702 78 33
Information for analysts:
Jaap-Jan Fit
E jaapjan.fit@wereldhave.com
T + 31 20 702 78 43
