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Warehouses de Pauw Comm VA (WDPP.BR)

WDPP.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Warehouses De Pauw places 173,562 shares
Thursday, 14 Sep 2017 03:39am EDT 

Sept 14 (Reuters) - WAREHOUSES DE PAUW COMM VA ::WDP - SUCCESSFUL PLACEMENT OF 173,562 WDP SHARES.KEMPEN & CO NV AS SOLE BOOKRUNNER HAS SUPERVISED THIS PLACEMENT AT THE EXPENSE OF THE SELLING PARTIES‍​.SHARES WERE PLACED AT 93 EUROS PER SHARE, REPRESENTING A DISCOUNT OF 2.43% COMPARED TO THE CLOSING PRICE OF 13 SEPTEMBER ‍​.  Full Article

Warehouses De Pauw Comm announces capital increase of 17 million euros
Wednesday, 13 Sep 2017 12:02pm EDT 

Sept 13 (Reuters) - WAREHOUSES DE PAUW COMM VA ::‍SIGNS BINDING AGREEMENT IN PRINCIPLE WITH RETTIG ICC FOR ACQUISITION OF THEIR ZONHOVEN SITE VIA A PARTIAL DEMERGER​.‍OVERALL INVESTMENT VALUE OF CIRCA 17 MILLION EUROS​.‍TRANSACTION REPRESENTS A CAPITAL INCREASE OF C. 17 MILLION EUROS AND ISSUE OF 192,873 NEW WDP SHARES​.‍NEW SHARES WILL BE LISTED AS FROM 14 SEPTEMBER 2017 ON EURONEXT BRUSSELS AND EURONEXT AMSTERDAM ​.‍ISSUE PRICE AMOUNTS TO 90.15 (ROUNDED OFF) EUROS PER SHARE.​.  Full Article

Warehouses de Pauw Comm upgrades its 2017 guidance for EPRA earnings per share
Friday, 4 Aug 2017 01:12am EDT 

Aug 4 (Reuters) - WAREHOUSES DE PAUW COMM VA ::THE EPRA EARNINGS FOR H1 2017 AMOUNT TO 57.2 MILLION EUROS, AN INCREASE OF 18% COMPARED TO H1 2016..UPGRADES ITS GUIDANCE FOR AN EPRA EARNINGS PER SHARE FOR 2017 FROM ‘AT LEAST 5.35’ EUROS TO 5.50 EUROS‍​.NET RESULT (IFRS) FOR H1 2017 AMOUNTS TO 137.0 MILLION EUROS, COMPARED TO 43.3 MILLION EUROS IN H1 2016..OCCUPANCY RATE WAS 97.1% ON 30 JUNE 2017, STABLE AT A HIGH LEVEL, VERSUS 97.0% ON 31 DECEMBER 2016.EPRA NAV WAS 53.4 EUROS ON 30 JUNE 2017, COMPARED TO 51.2 EUROS ON 31 DECEMBER 2016.INTENDS TO PROPOSE AN INCREASE OF THE GROSS DIVIDEND TO 4.50 EUROS FOR 2017, I.E. AN INCREASE OF 6% ‍​.RAISES ITS AMBITION OF EPRA EARNINGS PER SHARE OF AT LEAST 6.50 EUROS AND A GROSS DIVIDEND OF 5.25 EUROS IN 2020.WDP PROJECTS A MINIMUM AVERAGE OCCUPANCY RATE OF 97% FOR 2017.STILL AIMS FOR A GEARING RATIO BETWEEN 55 AND 60% OVER THE MEDIUM TERM.H1 OPERATING RESULT (BEFORE RESULT ON THE PORTFOLIO) EUR 69.1‍​ MILLION VERSUS EUR 63.4 MILLION YEAR AGO.EXPECTED GROWTH IN 2017 TAKES INTO ACCOUNT PROJECTED GEARING RATIO OF AROUND 51%/52% (IFRS/PROPORTIONAL) AT 2017 YEAR-END AND AVERAGE COST OF DEBT OF 2.5% FOR H2.H1 RENTAL INCOME (NET OF RENTAL-RELATED EXPENSES) EUR 70.0‍​ MILLION VERSUS EUR 64.6 MILLION YEAR AGO.  Full Article

WDP and Thys Bouwprojecten form JV to build new warehouse‍​
Thursday, 13 Jul 2017 01:05am EDT 

July 13 (Reuters) - WAREHOUSES DE PAUW COMM VA :AND THYS BOUWPROJECTEN BUILD NEW WAREHOUSE FOR ESTÉE LAUDER IN WESTERLO ‍​.  Full Article

Warehouses de Pauw Comm develops new distribution centre for DHL in Amsterdam
Wednesday, 31 May 2017 12:19pm EDT 

May 31 (Reuters) - WAREHOUSES DE PAUW COMM VA :WDP DEVELOPS NEW DISTRIBUTION CENTRE FOR DHL PARCEL AMSTERDAM.  Full Article

Warehouses De Pauw Comm FY operating result rises to 130.2 million euros
Friday, 3 Feb 2017 02:11am EST 

Warehouses De Pauw Comm VA : 2016 dividend of 4.25 euros ($4.57) gross per share, an increase of 6 pct. . Ambition to achieve an EPRA earnings per share of at least 5.35 euros for 2017 and 5.85 euros in 2018 . Expected annual dividend increase of 5 pct for 2017-18, to 4.45 euros and 4.70 euros, respectively . Net result (IFRS) for 2016 is 130.2 million euros, compared to 142.7 million euros in 2015 . Occupancy rate amounted to 97.0 pct on 31 december 2016 . Epra nav was 51.2 euros on 31 december 2016, compared to 44.9 euros on 31 december 2015 . Fy operating result 130.2 million euros versus 119.0 million euros year ago .Fy property result 139.7 million euros versus 129.1 million euros year ago.  Full Article

Warehouses de Pauw issues 2,369,560 new shares - Euronext
Friday, 25 Nov 2016 07:15am EST 

Euronext: A total 2,369,560 new ordinary shares issued by Warehouses de Pauw will be listed on the market Euronext Brussels as of 11/28/2016 . The reason is a public offer Further company coverage: [WDPP.BR] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Warehouses de Pauw adds luxembourg to its property portfolio as new core market
Friday, 5 Aug 2016 01:14am EDT 

Warehouses De Pauw CVA : Adds Luxembourg to its property portfolio as new core market . This transaction will take place through acquisition of 55 pct of shares in joint venture S.O.L.E.I.L. SA . Also acquiring an option on a concession plot in immediate vicinity of Cargo airport of Luxembourg . Closing of transaction is expected at early 2017 .Investment budget (based on 100 pct of investment) amounts to around 22 million euros ($24.50 million).  Full Article

Warehouses de Pauw H1 2016 net current result at 48.7 million euros
Friday, 5 Aug 2016 12:36am EDT 

Warehouses De Pauw CVA : NAV (EPRA) amounts to 45.2 euros ($50.33) on June 30, 2016, compared to 44.9 euros at 31 December 2015. . Net current result for H1 2016 amounts to 48.7 million euros or 2.62 euros per share, an increase by share of 12.7 pct, compared to H1 2015 . For FY WDP increases its ambition for net operating profit (EPRA) of 5.20 euro to 5.30 euro per share (an increase of 9 pct, excluding non-recurring items 2015). . WDP also increases its dividend forecast for 2016 (payable in 2017) of 4.20 euro to 4.25 euro gross per share .The occupancy rate was 95.9 pct on June 30, 2016, down from 97.5 pct at 31 December 2015..  Full Article

Warehouses de Pauw launches new construction project in Belgium
Tuesday, 24 May 2016 12:32am EDT 

Warehouses de Pauw CVA :Is expanding its partnership with Euro Pool System through the development of a new construction project of 30,000 square meters in Zellik, Belgium.  Full Article

BRIEF-Warehouses De Pauw Comm announces capital increase of 17 million euros

* ‍SIGNS BINDING AGREEMENT IN PRINCIPLE WITH RETTIG ICC FOR ACQUISITION OF THEIR ZONHOVEN SITE VIA A PARTIAL DEMERGER​