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Photo de l'actualité 2019 results
February 12, 2020
Finance

2019 results

  • +3.6% increase in invoiced rents like-for-like, with +1.7% excluding indexation, significantly higher than the objective of at least +1% excluding indexation
  • +7.9% growth in Funds From Operations (FFO) to Euro 124.2 million, well above the objective of at least +4%
  • EPRA NNNAV of Euro 20.01 per share, down -9% over six months
  • Loan to Value ratio (excluding transfer taxes) of 39.5%
  • Dividend of Euro 1.15 per share, up +2.7% (subject to approval by the Annual General Meeting to be held on April 23, 2020)
  • 2020 objectives:
    • Organic growth of around +2% including indexation
    • FFO per share at least stable versus 2019, taking into account the impact of disposals from 2019 and 2020
    • Dividend stable as a minimum, ranging from 85% to 95% of 2020 FFO
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