• Notes of the Board of Directors on Q1 2022

    Source: Nasdaq GlobeNewswire / 16 May 2022 01:30:00   America/New_York

    NOTES OF THE BOARD OF DIRECTORS ON Q1 2022

    REGULATED INFORMATION
    Brussels, 16 May 2022 07.30 am CEST

    KEY FIGURES
    For Q1 2022 we note the following key data:

    • Net result of €21.8 million, or €2.18 per share
    • Rental income up by €2.1 million
    • Loan-to-value on the investment portfolio down by two percentage points at 53.7%
    • Sale of the buildings The Crescent (Anderlecht, Belgium) and Monnet 4 (Kirchberg, Luxembourg) resulting a profit of €5 million
    • The average financing cost fell from 2.07% in 2021 to 2.05% on 31 March 2022
    • Developments on Cloche d’Or continue apace, with the sale of the Kockelscheuer building in January 2022 and delivery of the Darwin II building
    • At the Tour&Taxis site the apartments of the first-phase of Park Lane are gradually being delivered, while events can once again take place in the Sheds, Maison de la Poste and Gare Maritime

    16-05-2022-EN FINAL

    Attachment


Share on,