Trading update Q1 2025

Press release
17 April 2025, 07:00 AM CEST

Key items

  • Quarterly direct result per share (DRPS) € 0.44, +7% compared to previous year
  • Successful completion of Knauf shopping center acquisitions in Luxembourg
  • Continued improvement in Dutch leasing market with flat leasing spreads; all former Blokker units re-leased
  • Daily life retail accounts for around 70% of revenue, providing resilience in current uncertain economic environment
  • Ongoing FSC transformations progressing according to plan and within budget
  • Confirming guidance FY 2025 DRPS: in higher end of € 1.70-1.80 range

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