Leasinvest Real Estate Comm. VA: Notes of the manager on the past financial year 2020

KEY DATA

For the financial year 2020 we record the following key data:

• Corona-impact of -6.5% on rental turnover
• The EPRA earnings decrease by 12% from € 40.5 million end 2019 to € 35.6 million (€ 6.01 per share vs € 6.83 per share)
• Financial headroom of € 83 million
• Dividend proposal maintained at € 5.25 gross per share
• Occupancy rate rises from 90.46% end 2019 to 91.62%
• Average funding cost is expected to substantially drop following the early repayment of derivatives

Attachment

• 2021 02 10_LRE Annual results 2020_ENG_Final (https://ml-eu.globenewswire.com/Resource/Download/736c3b59-c710-444e-a20c-eac44cbdb2a7)