Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels), regarding the 2015/2016 annual results. The key points are:

  • Real estate portfolio of €1.2 billion as of 30 June 2016
     
  • Investments totalling €342 million realised or announced since the €153 million capital increase of June 2015
     
  • Senior housing now represents almost 75 % of the portfolio, or €840 million spread across three countries:
    • €685 million in Belgium (61 sites)
    • €130 million in Germany (15 sites)
    • €24 million in The Netherlands (4 sites)
       
  • Occupancy rate for the year ended 30 June 2016: 98.1 % for the unfurnished portion of the portfolio and 78.6 % for the furnished portion
     
  • 42.5 % debt-to-assets ratio as of 30 June 2016
     
  • 20 % increase in rental income as compared to 30 June 2015, EBIT margin of 80 %
     
  • 35 % increase in profit excluding changes in fair value as compared to 30 June 2015
     
  • €11 million increase in the fair value of investment properties recognised in the income statement for the 2015/2016 financial year
     
  • Proposed gross dividend distribution of €2.10 per share, an increase of 5 %, representing a statutory pay-out ratio of 92 %
     
  • Aedifica received the "EPRA Gold Award" in September 2015 for its 2013/2014 Annual Financial Report, and in October 2015, was awarded the prize for the best financial communication among "Mid & Small Cap" from the Belgian Association of Financial Analysts.
     
  • Market Capitalisation surpassed the €1 billion mark as of July 2016
PDF version



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aedifica via Globenewswire

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