Trading update 31 March 2023
CONTINUED GOOD PERFORMANCE IN THE FIRST QUARTER 2023 LEADS TO CATCH-UP WITH PRE-COVID PERFORMANCE LEVEL
• Increase of the net result from core activities of 9.8% to € 11.2M (31 March 2022: € 10.2M);
• Slight increase of the net asset value per share to € 79.95 (31 December 2022: € 78.99);
• Slight decrease of the debt ratio to 27.4% (31 December 2022: 28.6%);
• Stable EPRA occupancy rate of total portfolio at 95.2% (31 December 2022: 95.2%), with a slight decrease of the EPRA occupancy rate of the retail portfolio to 96.9% (31 December 2022: 97.7%) and a strong increase of the EPRA occupancy rate of the office portfolio to 86.1% (31 December 2022: 81.5%);
• Slight increase of the fair value of the investment properties portfolio at € 952.3M (31 December 2022: € 949.2M); and
• Outlook of net result from core activities maintained between € 4.85 - € 4.95 per share.
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