Interim statement of the board of directors as at 30 September 2014 on the third quarter of financial year 2014

Regulated information

For 3 % of the real estate portfolio letting transactions have been realised with an average rental increase of 16 % in the third quarter of 2014.
 
Operating distributable result in the first nine months of 2014: € 2,02 (€ 1,96 in the first nine months of 2013).
 
Acquisition in July 2014 of a premium high street shop in the inner-city of Ghent, Veldstraat 23-27.
 
Sale of two inner-city shops on secondary locations in Antwerp in the third quarter of 2014.
 
Slight decrease in fair value of the existing real estate portfolio for the first nine months of 2014 of 0,3 %.
 
On 30 September 2014, 62 % of the real estate portfolio is invested in high street shops.
 
Occupancy rate: 96,0 % (95,4 % on 31 December 2013).
 
Expected gross dividend for financial year 2014: between € 2,68 and € 2,73 per share (€ 2,65 for financial year 2013) offering a gross dividend yield of approximately 4,9 % based on the closing share price on 30 September 2014 (€ 55,00).
 
Change of status into a regulated real estate company (RREC) approved by the general meeting of shareholders on 27 October 2014.