Full Year

Results

2022

1 Overview FY 2022

2 Our strategy: #connect2025

3 Financial overview FY 2022

4 Outlook

Intervest Offices & Warehouses is

a listed real estate company active in the market of logistics properties in Belgium and the Netherlands and office buildings in Belgium, with a robust growth plan focused on the logistics portfolio investments driven by asset rotation

4 Pillars

▪

▪

▪

▪

Value creation Sustainability Customer focus #TeamIntervest

  • As a team, creating sustainable value for all stakeholders

Focus on

▪

▪

▪

▪

Own (re)developments

Creation clusters, focused on strategic (maritime) axes

Well-consideredasset rotation

ESG

ESG and innovation

4 All concepts and their calculations are included in a lexicon on the www.intervest.euwebsite, called "Terminology and alternative performance measures".

Strong

KPIs

  • EPRA earnings: € 45,4 million (+1% y/y)
  • EPRA EPS 2022: € 1,71 (-2% y/y)
  • Proposed DPS 2022: € 1,53
  • Stable occupancy rate:
    • Total: 90%
    • Logistics BE: 96%
    • Logistics NL: 100%
    • Offices BE: 76%
  • Increase fair value of investment properties: € 124 million or 10%
  • 49% portfolio growth since beginning 2020
  • Increase WALB to 4,9 years and WALE to 6,4 years
  • Remaining duration of long-term credit lines: 4,0 years
  • 16% green financings

ESG

5 All concepts and their calculations are included in a lexicon on the www.intervest.euwebsite, called "Terminology and alternative performance measures".

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

Disclaimer

Intervest Offices & Warehouses NV published this content on 14 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2023 10:34:05 UTC.