Press Release : Annual Results 2023/2024

Solid property and financial performance
& dividend up for the 10^th consecutive year

97.8%		6.99%		2.22%		95.5%		8.8%
EPRA  OCCUPANCY  RATE		GROSS YIELD ON THE PORTFOLIO		AVERAGE COST OF DEBT		INTEREST RATES HEDGING RATIO		GROSS DIVIDEND YIELD

Operating results

• Rental income : €53.3 million, up by 3.9% from €51.3 million at 30/09/2023
• EPRA Earnings : €36.2 million, stable compared to €36.0 million at 30/09/2023
• EPRA Earnings (per share) : €5.49 (vs €5.46 at 30/09/2023)
• Net result : €25.5 million (vs €33.8 million at 30/09/2023), this decrease being solely due to revaluation differences compared to the previous financial year (-€10.7 million compared to -€2.2 million)

Balance sheet information

• Fair value of the portfolio : €748.6 million (vs €740.9 million at 30/09/2023)
• Debt ratio (EPRA LTV) : 42.1%, down from 43.4% at 30/09/2023
• Net asset value (EPRA NTA) per share : €65.80 (vs €63.59 at 30/09/2023)

Dividend

• Dividend increase for the 10^th consecutive year : Proposed distribution of a gross dividend of €4.30 per share, up by 3.6% compared to €4.15 per share the previous financial year

Attachment

• Press Release Annual Results 2023-2024