Key figures

Property key figures (as at 31.12.2020)

  31.12.2020 31.12.2019
Fair value of investment properties (in thousands €) 330.427 378.555
Gross initial yield on properties available for lease 5,40% 5,40%
Gross potential yield on properties available for lease 5,60% 5,50%
Occupany rate of the portfolio 96,2% 98,8%
EPRA Vacancy rate (in %) 4,10% 1,20%
EPRA Net Initial Yield (NIY) (in %) 4,70% 4,70%
EPRA Topped-up NIY (in %) 4,90% 4,90%

 

Financial key figures (as at 31.12.2020)

  31.12.2020 31.12.2019
Shareholders' equity (in thousands €) 235.033 258.285
Net asset value (in € per share) 46,28 50,86
EPRA NAV (a) (in € per share) 46,72 51,41
EPRA NNNAV (a) ( in € per share) 46,28 50,86
EPRA NRV (a) ( in € per share) 48,34 53,18
EPRA NTA (a) ( in € per share) 46,68 51,37
EPRA NDV (a) ( in € per share) 46,28 50,86
Average annualised financing cost (b) (in %) 1,60% 1,70%
Weighted average duration of debts (in years) 3,5 4,5
Debt ratio (in %) 28,5% 27,9%
     
  31.12.2020 31.12.2019
Number of shares issued 5.078.525 5.078.525
Average number of shares during the period 5.078.525 5.078.525
Net result (in € per share) -1,68 0,85
EPRA Result (a) (in € per share) 2,44 2,90

 

Share key figures (as at 31.12.2020)

  31.12.2020
(12 months)
31.12.2019
(12 months)
31.12.2018
(12 months)
Number of shares issued 5.078.525 5.078.525 5.078.525
Average number of shares during the period 5.078.525 5.078.525 5.078.525
Share price on closing date (in €) 24,00 44,70 40,90
Net value (fair value) (in €) 46,28 50,86 52,86
Net value (investment value) (in €) 48,12 52,78 54,79
Gross dividend (in € per share) 2,05 2,90 2,85
Gross yield (c) 8,54% 6,49% 6,97%
Premium (+) / Discount (-) with regard to net value (fair value) (in %) -48% -12% -23%

 

In Short

Name Vastned Belgium
State Public regulated real estate company under Belgian Law or public RREC
Legal Form Public Limited Company
Street Generaal Lemanstraat 74
City Berchem - Antwerpen
Postal code 2600
Country België
Telephone + 32 3 361 05 90
E-mail info@vastned.be
RPM/RPR Antwerp
VAT BE 0431.391.860
Date of constitution 15 June 1987
Duration Unlimited
Financial year 1 January - 31 December
Listing Euronext Brussel
Statutory Auditor EY Bedrijfsrevisoren BV, represented by Joeri Klaykens
Property Experts Cushman & Wakefield
CB Richard Ellis
Liquidity Provider Bank Degroof
Financial Service Bank Degroof
Supervision Financial Services and Markets Authority

 

(a) This is an Alternative Performance Measure. For more information, please consult the chapter “Alternative Performance Measures” on page 175 and next of the Annual Financial Report 2020.
(b) Including margin and hedging costs. This is an Alternative Performance Measure. For more information, please consult the chapter “Alternative Performance Measures” on page 175 and next of the Annual Financial Report 2020.
(c) Gross dividend divided by the closing share price.