Aedifica SA — Earnings Release 2019

Sep 4, 2019

National Storage Mechanism | Additional information

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Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels), regarding the 2018/2019 annual results. The key points are:

• EPRA Earnings* increased to €72.1 million as of 30 June 2019 (+24 % compared to 30 June 2018) and EPRA Earnings* per share to €3.74 (+15 % compared to 30 June 2018)
• Confirmation of the proposed dividend of €2.80 gross per share (+12 %)
• 100 % pure play investor in European healthcare real estate following the divestment of the hotel portfolio and 75 % of the participation in Immobe NV/SA (apartment portfolio)
• Entry into the UK healthcare real estate market
• Healthcare real estate investments of approx. €910 million carried out and/or announced
• Real estate portfolio* of €2.3 billion as of 30 June 2019 (+33 % increase compared to 30 June 2018)
• 261 healthcare sites comprising more than 19,000 units in four countries:
  • €1,028 million in Belgium (79 sites)
  • €381 million in Germany (49 sites)
  • €336 million in the Netherlands (43 sites)
  • €524 million in the United Kingdom (90 sites)
• Pipeline of €428 million in acquisitions, construction and renovation projects
• Rental income increased to €118 million as of 30 June 2019 (+29 % compared to 30 June 2018)
• Weighted average unexpired lease term of 21 years and occupancy rate of 100 %
• Capital increase of €418 million, the largest ever for a Belgian REIT
• Debt-to-assets ratio of 37.2 % as of 30 June 2019
• Forecast for the 2019/2020 financial year: proposed gross dividend of €3.00

Attachments

• Press release EN
• Communiqué de presse FR
• Persbericht NL