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
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