Press release
24 July 2015, 12:00 AM CEST
Wereldhave reaps the benefits of its focus on mid-sized shopping
centres: sees strong profit rise in H1 2015 and raises 2015-2016 target.
- Net profit H1 2015 € 90.5m versus € 10.3m in H1 2014
- Direct result H1 2015 € 62.6m versus € 42.6m in H1 2014
- Indirect result H1 2015 € 27.9m versus € -32.3m in H1 2014
- Occupancy retail portfolio improved to 94.3% vs 93.9% at year-end 2014
- Like-for-like rental growth retail portfolio 2.0%, 150bps above indexation
- French retail organisation in place per June 1, 2015
- Target for 2015-2016 raised to an anticipated compounded average growth of direct result per share between 7% and 10% (previously 6 – 9 %)
For full press release, download the pdf below.
Press Release: Half-year Results 2015