In 2013 Intervest Offices & Warehouses has expanded its logistic real estate portfolio by € 6 million or 3 %.

The expansion of the logistic site in Oevel for Estée Lauder/UTi Belgium was delivered in June 2013.

The redevelopment of a part of the logistic site Neerland 1 in Wilrijk for Peugeot was completed in December 2013.

In 2013 the property investment fund sold a non-strategic logistic building in Kortenberg with a gain of 11 % (5 % of the logistic portfolio).

The total occupancy rate remains stable in 2013 and amounts to 86 %. The total occupancy rate of the logistic portfolio increases by 2 % to 91 %, the one of the office portfolio amounts to 82 %.

The fair value of the investment properties has increased in 2013 by € 5 million or 1 %. The logistic segment shows an increase in value of  € 20 million or 9 %, the offices have been devalued by € 15 million or 4 %.

8 projects for more than 8.000 m² office design have been realised with the "turn-key solutions" concept.

In 2013 the operating distributable result amounts to € 1,70 per share (€ 1,75 in 2012).

Pay-out ratio for dividend in 2013 adapted to 90 %.

The gross dividend amounts in 2013 to € 1,53 per share (€ 1,76 in 2012) or a gross dividend yield of 7,9 % based on the share price on closing date of 31 December 2013.

Debt ratio has decreased under 50 % to 48,7 %.

Please click on the pdf for the entire press release:

Press release


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Intervest Offices & Warehouses NV via Globenewswire
HUG#1760579
Initio (CE) (USOTC:INTO)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Initio (CE).
Initio (CE) (USOTC:INTO)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Initio (CE).