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Intervest Offices & Warehouses : Half-yearly financial report of the board of directors for the period 01.01.2014 to 30.06.2014

July 28, 2014

Intervest Offices & Warehouses knows an active first semester in 2014: Prolongation of lease agreements for 16 % of the total annual rental income of the property investment fund, among which those with three important tenants (HP Belgium, Nike Europe and CEVA Logistics). Occupancy rate: 85 % on 30 June 2014; the occupancy rate of the office portfolio has increased in the first semester of 2014 by 1 % to 83 %, the one of the logistic portfolio amounts to 90 % on 30 June 2014. Turn-key solutions: realisation of 2.700 m² for Cochlear at Mechelen Campus in progress. Sale of a non-strategic building (0,5 % of the real estate portfolio). Decrease in fair value of the existing real estate portfolio by 0,4 %. Operating distributable result per share: € 0,78 in the first semester of 2014 (€ 0,85 in the first semester of 2013). Successful private placement of bonds for € 60 million with a term of 5 and 7 years. Optional dividend: 42,75 % of the shareholders has chosen for shares. Debt ratio: 49,8 %. Pay-out ratio of dividend of 90 %. Expected gross dividend 2014 between € 1,33 and € 1,42 per share (€ 1,53 for financial year 2013). For the entire half-yearly financial report 2014, please click on the pdf: Press release: This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Intervest Offices & Warehouses NV via GlobeNewswire [HUG#1840672]

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Source: Thomson Reuters ONE

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