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Intervest Offices & Warehouses NV (PRIF.BR)

PRIF.BR on Brussels Stock Exchange

22.65EUR
19 Oct 2018
Change (% chg)

€-0.15 (-0.66%)
Prev Close
€22.80
Open
€22.85
Day's High
€22.90
Day's Low
€22.50
Volume
21,371
Avg. Vol
13,931
52-wk High
€23.80
52-wk Low
€21.25

Latest Key Developments (Source: Significant Developments)

Intervest Offices & Warehouses FY Net Result Rises To 21.2 Million Euros
Wednesday, 7 Feb 2018 12:00pm EST 

Feb 7 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV ::AS AT 31 DEC 2017, FAIR VALUE OF TOTAL REAL ESTATE PORTFOLIO AMOUNTED TO EUR 663 MILLION.AS AT DEC 2017, DEBT RATIO WAS 44.6 PERCENT.FY RENTAL INCOME EUR 43.3 MILLION VERSUS EUR 45.3 MILLION YEAR AGO.FY OPERATING RESULT EUR 27.7 MILLION VERSUS EUR 28.2 MILLION YEAR AGO.FY NET RESULT EUR 21.2 MILLION VERSUS EUR 20.6 MILLION YEAR AGO.CONFIRMS DIVIDEND OF EUR 1.40 PER SHARE FOR FY 2017.OCCUPANCY RATE OF REAL ESTATE PORTFOLIO WAS 86 PERCENT AS AT 31 DECEMBER 2017.AIMS REAL ESTATE PORTFOLIO TO GROW TO EUR 800 MILLION BY THE END OF 2018.  Full Article

Intervest Offices & Warehouses Purchases Logistics Site In Brussels Periphery For 13.8 Million Euros
Friday, 22 Dec 2017 11:45am EST 

Dec 22 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV ::REG-INTERVEST OFFICES & WAREHOUSES PURCHASES A LOGISTICS SITE OF 26.000 M² IN THE BRUSSELS PERIPHERY FOR € 13,8 MILLION WITH A VIEW TO A COMPLETE REDEVELOPMENT IN 2020.FAIR VALUE OF INTERVEST'S LOGISTICS REAL ESTATE PORTFOLIO INCREASES BY APPROX 4% TO EUR 357 MILLION.LOGISTICS REAL ESTATE NOW MAKING UP 54% OF TOTAL REAL ESTATE PORTFOLIO OF OVER EUR 660 MILLION.  Full Article

Intervest Offices & Warehouses Announces First Tenant In Greenhouse BXL
Friday, 22 Dec 2017 02:20am EST 

Dec 22 (Reuters) - INTERVEST OFFICES & WAREHOUSES ::ANNOUNCED ON THURSDAY FIRST TENANT IN GREENHOUSE BXL.AS FROM OCTOBER 2018, CAZIMIR WILL LEASE AN OFFICE SURFACE AREA OF 700 M² FOR A FIXED PERIOD OF 9 YEARS. .  Full Article

Intervest Offices & Warehouses 9-month operating result up at 21.0 million euros​
Wednesday, 25 Oct 2017 12:00pm EDT 

Oct 25 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV ::9M NET RENTAL INCOME EUR ‍​32.0 MILLION VERSUS EUR 34.0 MILLION YEAR AGO.9M OPERATING RESULT EUR ‍ 21.0 MILLION VERSUS EUR 15.5 MILLION YEAR AGO.9M NET RESULT EUR ‍​16.1 MILLION VERSUS EUR 8.8 MILLION YEAR AGO.‍OCCUPANCY RATE 86% AT 30 SEPT 2017 (91% AS AT 31 DECEMBER 2016)​.‍EPRA EARNINGS PER SHARE: EUR 1,14 IN FIRST NINE MONTHS OF 2017 (EUR 1,30 IN FIRST NINE MONTHS OF 2016)​.‍EXPECTED EPRA EARNINGS FOR 2017 BETWEEN EUR 1,50 AND EUR 1,55 PER SHARE​.WILL PROPOSE GROSS DIVIDEND OF EUR 1,40 PER SHARE.GROSS DIVIDEND YIELD WILL BE OF 6.3 PERCENT.FAIR VALUE OF INVESTMENT PROPERTIES AT SEPT 30 EUR 647.6 ‍​ MILLION VERSUS EUR 604.6 MILLION YEAR AGO.  Full Article

Intervest Offices & Warehouses acquires a second site in the Netherlands
Thursday, 10 Aug 2017 12:00pm EDT 

Aug 10 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV ::INTERVEST OFFICES & WAREHOUSES PURSUES ITS INTERNATIONAL GROWTH IN THE LOGISTICS REAL ESTATE SECTOR AND ACQUIRES A SECOND SITE IN THE NETHERLANDS.NEWLY-ACQUIRED DISTRIBUTION CENTRE IN RAAMSDONKSVEER IN NORTH BRABANT HAS A LEASABLE SURFACE AREA OF 20,500 M² ‍​.NEWLY-ACQUIRED DISTRIBUTION CENTRE IS UNDER A LONG-TERM LEASE WITH FURNITURE AND HOME DECORATION RETAILER LEEN BAKKER. ‍​.LEASE AGREEMENT WITH LEEN BAKKER HAS A FIXED TERM UNTIL MID-2031 ‍​.LEASE AGREEMENT WITH LEEN BAKKER GENERATES ANNUAL RENTAL INCOME OF OVER € 1 MILLION FOR INTERVEST‍​.DISTRIBUTION CENTRE WAS ACQUIRED FROM HB CAPITAL FOR A PURCHASE PRICE OF € 14 MILLION.  Full Article

Intervest Offices & Warehouses H1 net profit rises to 8.7 million euros
Thursday, 20 Jul 2017 12:00pm EDT 

July 20 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV ::OCCUPANCY RATE 85% AS AT 30 JUNE 2017 (91% AS AT 31 DECEMBER 2016).DECREASE IN FAIR VALUE OF REAL ESTATE PORTFOLIO IN Q1 OF 2017 BY 0,8%..EPRA EARNINGS PER SHARE: EUR 0,74 IN FIRST SEMESTER OF 2017 (EUR 0,88 IN FIRST SEMESTER OF 2016)..DEBT RATIO: 46,5% AS AT 30 JUNE 2017 (45,7 % AS AT 31 DECEMBER 2016)..IN THE SECOND HALF OF 2017 INTERVEST WILL CONTINUE TO WORK ON ITS STRATEGIC GROWTH PLAN.EXPECTS THE EPRA EARNINGS FOR THE FINANCIAL YEAR OF 2017 TO DECREASE.H1 NET RENTAL INCOME EUR 21.0 MILLION VERSUS EUR 23.1 MILLION YEAR AGO.H1 OPERATING PROFIT EUR 11.5 MILLION VERSUS EUR 5.7 MILLION YEAR AGO.H1 NET PROFIT EUR 8.7 MILLION VERSUS OF EUR 0.6 MILLION YEAR AGO.  Full Article

Intervest Offices & Warehouses, Group Machiels, MG Real Estate and Deme, obtain the development of Zone B of Ford site in Genk
Friday, 30 Jun 2017 05:40am EDT 

June 30 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV ::REG-COOPERATION INTERVEST OFFICES & WAREHOUSES, GROUP MACHIELS, MG REAL ESTATE AND DEME, OBTAINS THE DEVELOPMENT OF ZONE B OF THE FORD SITE IN GENK WITH "GENK GREEN LOGISTICS".  Full Article

Intervest Offices & Warehouses acquires logistics site in Tilburg
Monday, 15 May 2017 02:00am EDT 

May 15 (Reuters) - INTERVEST OFFICES & WAREHOUSES PRIF.PA::REG-INTERVEST OFFICES & WAREHOUSES IS CONTINUING ITS GROWTH IN THE LOGISTICS SECTOR WITH THE ACQUISITION OF A LOGISTICS SITE OF 13.300 M² IN TILBURG..  Full Article

Intervest Offices & Warehouses issues 481,535 shares
Friday, 5 May 2017 05:45am EDT 

May 5 (Reuters) - Intervest Offices & Warehouses NV ::Successful placement of 481,535 shares Intervest Offices & Warehouses.Price of 21.60 euros ($23.68) per share, which represents a discount of 3,4 pct compared to closing price of yesterday, May 4, 2017.  Full Article

Intervest Offices & Warehouses announces private placement of ca. 481.000 shares
Friday, 5 May 2017 02:19am EDT 

May 5 (Reuters) - Intervest Offices & Warehouses NV ::Intended private placement of ca. 481.000 shares Intervest Offices & Warehouses.Trading in Intervest shares will therefore be suspended on Euronext Brussels today.Parcel of ca. 481,000 new intervest shares, will be sold today through the intermediary of ING Belgium as part of a private placement.  Full Article