Wereldhave N.V. — Earnings Release 2022

Feb 9, 2023

Wereldhave Full-year results 2022

• Total result increased to +€ 76m vs. a loss of € 213m in 2021
• Direct result 2022 at € 1.63 per share, well within guidance range of € 1.60-1.65
• Proposed dividend for 2022 at € 1.16 per share (+5.5%)
• Tenant sales above pre-Covid levels; leasing spreads positive for first time in six years
• Occupancy rate commercial centers at 96.8%, highest level since 2014
• Stable valuations, with higher yields offset by an increase in rents
• Three Full Service Centers delivered in 2022, on time, within budget and 98% leased
• Outlook 2023 Direct result per share € 1.65-1.75

Attachment

Wereldhave Press release Results 2022