2013-02-08 08:11:18 -
The gross dividend of Intervest Offices & Warehouses increases to € 1,76 per
share in 2012 (€ 1,73 in 2011).
The average remaining duration of the lease contracts of the property investment
fund has increased in 2012 from 3,7 years to 4,5 years through the prolongation
of lease contracts with, among others, PwC, Estée Lauder and UTi Belgium.
The total occupancy rate of Intervest Offices & Warehouses remains stable in
2012 and amounts to 86 %. The occupancy rate of the office portfolio has
increased by 1 %, taking this to 85 % in 2012.
Intervest Offices & Warehouses has expanded in 2012 its real estate portfolio by
€ 15 million or
2,6 %, mainly in the logistic segment.
In 2012, the fair value of the real estate portfolio has decreased by € 14
million or 2,4 %, mainly in the office segment.
Click on the pdf for the complete text of the annual results 2012:
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Source: Intervest Offices & Warehouses NV via Thomson Reuters ONE