Aedifica SA: 2018/2019 half year results


Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels), regarding the 2018/2019 half year results. The key points are:

  • Rental income of €50.8 million as of 31 December 2018, a 14 % increase compared to 31 December 2017
     
  • EPRA Earnings of €31.7 million as of 31 December 2018, a 12 % increase compared to 31 December 2017
     
  • Confirmed dividend forecast for the current financial year (€2.80 gross per share, an increase of 12 %)
     
  • Real estate portfolio of €2.0 billion as of 31 December 2018, a 13 % increase compared to 30 June 2018
     
  • Healthcare real estate represents 85 % of the portfolio as of 31 December 2018, or €1,625 million spread over 159 sites in three countries:
    • €996 million in Belgium (76 sites)
    • €336 million in Germany (41 sites)
    • €292 million in The Netherlands (42 sites)
       
  • Acquisition of a portfolio of 92 healthcare properties announced in the United Kingdom
     
  • Record level of €473 million of construction and renovation projects and acquisitions subject to outstanding conditions, exclusively in the healthcare real estate segment (excluding UK portfolio)
     
  • Weighted average unexpired lease term: 20 years
     
  • 47.4 % debt-to-assets ratio as of 31 December 2018
     
  • First phase completed of the sale of residential portfolio shares

 

Attachment


Attachments

BB_CP2018-2019_H1_EN_2019 02 19b_LVsec.pdf