Results for the first half of the 2023-2024 financial year
May 30 2024 - 11:40AM
Results for the first half of the 2023-2024 financial year
HALF-YEARLY FINANCIAL REPORT OF ASCENCIO SARESULTS AT 31 MARCH
2024
98.6%EPRA
OCCUPANCY RATE |
7.0%GROSS YIELD ON
THE PORTFOLIO |
-0.2%CHANGE IN FAIR VALUE OF THE
PORTFOLIO |
90.3%INTEREST RATE
HEDGING RATIO |
STRONG EPRA EARNINGS &
ROTATIE BINNEN DE VASTGOEDPORTEFEUILLE
OPERATING RESULTS
- Rental income
: €26.3 million, up by 5.1% compared with €25.1
million at 31/03/2023
- EPRA occupancy
rate : 98.6%, up from the 97.9% recorded
at 30/09/2023
- EPRA Earnings
: €18.0 million, up 2.7% as against €17.5 million
at 31/03/2023
- EPRA Earnings per
share : €2.72 (vs €2.65 at
31/03/2023)
- Net result
: €5.7 million (vs €22.2 million at 31/03/2023),
the decrease being due to the difference in revaluations (-€12.2
million vs +€4.8 million) between the two periods
BALANCE SHEET INFORMATION
- Fair value of the real
estate portfolio : €738.6 million (vs
€740.9 million at 30/09/2023)
- Debt ratio (EPRA
LTV) : 44.8% (vs 43.4% at
30/09/2023)
- Intrinsic value per share
(EPRA NTA) : €61.88 (vs €63.59 at
30/09/2023)
- Half-yearly financial report - 31.03.2024
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