Leasinvest Real Estate SCA: Half-year report 2012 (IAS 34)

- Regulated press release

Highlights first half-year 2012

  • Occupancy rate increases to 93.36% (31/12/11: 92.57%) following different successful lettings
  • Following the favourable evolution of the lettings, the rental income, at constant portfolio, has slightly increased over the first half-year of 2012 in comparison with the same period of last year
  • Net result (Group share): decreases to 2.18 euro per share (30/06/11: 2.57 euro) a/o due to one-off rental guarantees received last year
  • Net current result (Group share): 2.45 euro per share for the first half-year of 2012 (30/06/11: 2.77 euro)

Highlights after closing of the first half-year 2012

  • Expected rise of the real estate portfolio by 18.2% from 505.7 million euro to 597.9 million euro
  • Agreement in principle signed with regard to the future issue of real estate certificates concerning a shopping center located in Luxembourg
  • Expected acquisition of the new State Archives in Bruges for an amount of 17.7 million euro
  • Offices and retail parts in the consolidated real estate portfolio will respectively decrease from 53% to 45% and increase from 20% to 29%
  • The Luxembourg part of the real estate portfolio rises from 45% to 50%
  • Participation in Retail Estates increases to 10.03%

Full press release below

investor.relations@leasinvest.be

T +32 3 238 98 77

www.leasinvest.be