Results for the first half of the 2023-2024 financial year

    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)

 

Attachment

• Half-yearly financial report - 31.03.2024