Aedifica SA: Half year press release: Half year results 2012/2013

Tue Feb 19, 2013 11:41am EST

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Please find below a press release from Aedifica (a residential Belgian REIT), regarding the half
year results 2012/2013. The key points are as follows:

*Capital increase of EUR100 million successfully completed on 7 December 2012, the largest public
capital increase that took place in Belgium in 2012, bringing the market capitalisation to
approximately EUR430 million and the debt-to-assets ratio at 35 %.
*Two investments in the senior housing segment were announced just after the capital increase:
*High occupancy rate of 97.3 % for the unfurnished portion of the portfolio and at a level of 80.8
% for the furnished portion of the portfolio
*Rental income, EBIT margin and profit excluding IAS 39 and IAS 40 ahead of expectations
*Increase in the fair value of marketable investment properties amounting to EUR9 million, i.e. +
1.51 %, taken into income statement
*Fair value of investment properties amounting to EUR619 million, an increase of EUR26 million
compared to 30 June 2012
*Unchanged dividend expectation for the current financial year (EUR1.78 gross per share)
*Clarification of the tax regime of the residential Belgian REITs: withholding tax at 15% for the
dividends distributed as from 1 January 2013. Residential Belgian REITs can now invest within the
European Economic Area
*New website for Aedifica

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