Leasinvest Real Estate SCA

Notes of the manager on the past financial year 2019

KEY DATA

For the financial year 2019 we record the following key data:

• The EPRA earnings rise by 29.5% from € 31.3 million end 2018 to € 40.5 million (€ 6.83 per share vs € 6.03 per share)
• Increase in rental income by € 9,1 million
• Dividend rises from € 5.10 to € 5.25 gross per share
• The funding cost drops from 2.59% on 31/12/2018 to 2.14% end 2019
• Successful placement of a private bond of € 100 million at 1.95% on 7 years fixed
• Further optimization of the real estate portfolio: acquisition of 2 additional buildings in the EBBC Business Park in Luxembourg and of 2 retail parks near Vienna and sale of non-strategic buildings Kennedy (Luxembourg) and Riverside Business Park (Anderlecht)

Press release below.

Attachment

• 2020 02 19_LRE year results 2019_ENG_Final