Press Releases from Wereldhave NV (13 total)
Wereldhave NV - Final Results 2007
The year 2007 was a turbulent one, with property values peaking. Wereldhave realised valuation gains by the disposal of more high-risk properties and added recently constructed first-class property to its portfolio. The occupancy rate and the like-for -like rental income improved slightly. Wereldhave has a very strong financial position and has expanded its committed credit facilities. The dividend will be raised slightly, in line with previous years.
For 2008 Wereldhave…
direct/ Wereldhave NV announces 3rd Quarter Results
The profit for the first nine months of 2007 amounts to EUR 146.7 mln, or EUR 6.77 per share. The portfolio was revalued upwards in all countries. Surpluses on disposals of properties amounted to EUR 7.8 mln.
Direct result
The direct result for the first three quarters amounts to EUR 83.0 mln in 2007, a EUR 1.5 mln decrease compared to 2006. In spite of EUR 1.7 mln higher like-for-like rental…
direct/ Wereldhave NV: Disposal
On October 3, 2007 Wereldhave completed the sale of the office building ´Winston Churchill Tower´, located in Rijswijk near The Hague, The Netherlands. The proceeds of the sale amounted to EUR 43.6 mln, which results in a surplus on disposal of EUR 4.1 mln in 2007 (EUR 1.1 mln above the book value as at June 30, 2007). Wereldhave purchased the 23,163 m2 ´Winston Churchill Tower´ in 1974 and renovated…
direct/ Wereldhave NV announces Interim Results
Profit
The profit for the first half year of 2007 amounts to EUR 114.7 mln, or EUR 5.31 per share. The portfolio was revalued upwards in all countries. There have been surpluses on disposals of properties in the United States, the United Kingdom and the Netherlands. As the surpluses on property revaluations and disposals were lower than the exceptionally high level of 2006, profit per share decreased in 2007.
Direct…
direct/ Wereldhave NV: Purchase in Villalba, Spain
On July 20, 2007, Wereldhave has purchased a retail- and leisurecentre in Spainin Collado Villalba, 41 kilometers northwest of Madrid.
The Planetocio centre is situated next to the highway Madrid-La Coruna and wasopened in 2001. It provides 22,666 m(2) lettable area with 980 parking spaces.The centre is divided into 93 units, spread over three floors, with a largesupermarket, several fashion shops and restaurants, a cinema, a fitness centreand an indoor ice…
direct/ Wereldhave NV: Acquisition Office Building
On June 28, 2007 Wereldhave completed the purchase in the United States of an office building in San Diego, totalling 35,200 qm, with 12 apartments, 1,400 qm retail and 752 parking spaces. The purchase price amounts to USD 210 mln.
Today, the office is 80% leased to several tenants with long term leases. Amongst these tenants are several law firms and financial services institutions. Only 12% of the leased floor…
direct/ Wereldhave NV: 1st Quarter Results
Higher direct result per share EUR 1.37
(1st quarter 2006: EUR 1.31)
- Positive revaluation in all countries
- Positive result on disposals
Profit
The profit for the first quarter 2007 amounts to EUR 54.4 mln, or EUR 2.53 per share. The portfolio was re-valued upwards in all countries. There have been positive results on disposals of properties in the United States and the United Kingdom. As the surpluses on property…
direct/ Wereldhave NV: Results 2006
Results 2006
- 78% higher profit due to property revaluations and result on disposals
- 1.3% higher occupancy rate
- 15% increase of net asset value
Profit
The profit for 2006 amounts to EUR 357.5 mln, an increase compared to 2005 of EUR 156.3 million, or 77.7%. This increase was primarily due to the higher property revaluations and the result of property disposals. Profit consists of a direct result and indirect…
direct/ Wereldhave NV: Property Disposals
Additional info: 2nd paragraph purchase price Pittsburgh amounts to USD 12,000,000.
On January 12, 2007 Wereldhave completed the sale of the office building ´Three Penn Center´ located at 1515 Market Street, Philadelphia, United States. The proceeds of the sale amounted to USD 76,000,000, which is approximately USD 4,000,000 above the book value as at December 31, 2006. The 47,161m2 Three Penn Center was built in 1956 and renovated in 1992.
Wereldhave also…
direct/ Wereldhave Property Corp.
£30,000,000 nominal 9 ½ per cent. First Mortgage Debenture Stock due 2015
(the "9 ½ per cent. Stock")
£20,000,000 nominal 10 ¾ per cent. First Mortgage Debenture Stock due 2015
(the "10 ¾ per cent. Stock")
(together the "Stocks")
Wereldhave today announces an offer to purchase (the "Offer to Repurchase") up to £20,000,000 nominal amount of the Stocks. Any Stock purchased pursuant to the Offer to Repurchase will be cancelled.
Pursuant to the Offer to Repurchase,…
direct/ Wereldhave NV: 1st Quarter Results
The direct result decreased by EUR 0.8 mln to EUR 29.0 mln. The decrease is the balance of EUR 1.2 mln higher net rental income, EUR 1.8 mln higher interest charges, EUR 0.6 mln higher general costs and EUR 0.1 mln higher taxes on result. Exchange rate differences had a positive effect on the direct result of EUR 0.5 mln. The increase in interest charges is due to higher interest…
direct/ Wereldhave NV: Final Results
Profit increases by EUR 33.3 mln to EUR 201.2 mln
Profit per share 9.24 (2004: EUR 7.81)
Direct result EUR 116.5 mln (2004: EUR 116.9 mln)
Direct result per share EUR 5.30 (2004: EUR 5.39)
The direct result for 2005 amounted to EUR 116.5 mln, EUR 0.4 lower than in 2004. Gross rental income rose by EUR 5.3 mln to EUR 169.0 mln. Due to the increase of service and…
direct/Wereldhave NV: 3rd Quarter Results
3rd Quarter Results
Increase in direct result of EUR 1.5 mln to EUR 86.8 mln due to higher net rental income Direct result per share EUR 3.95
Profit increases by EUR 56.5 mln to EUR 160.9 mln due to higher property revaluations Profit per share EUR 7.41
Purchases in Manchester (UK) for EUR 121 mln and in San Antonio (USA) for EUR 15 mln
The direct result for the first nine months of…
