Wereldhave Trading update Q1 2026

Summary by AI ^BETAClose X

Wereldhave reported a Q1 2026 direct result per share (DRPS) of €0.45, a 2% increase year-on-year, with shopping center occupancy rising to 97.5% and footfall at full-service centers up 2.0%. The company completed €12 million in strategic acquisitions funded by new share issuance, improving its loan-to-value by 0.2 percentage points, and successfully refinanced a €250 million revolving credit facility for five years with extension options. Despite geopolitical uncertainties, Wereldhave maintains confidence in its 2026 DRPS forecast of €1.85-€1.95.

Disclaimer*

Quarterly direct result per share (DRPS) € 0.45, +2% compared with prior year period
Occupancy shopping centers 97.5%, up 1.0 percentage point (pp) compared with Q1 2025
Quarterly Full Service Center footfall +2.0% compared with prior year period
€ 12m in strategic acquisitions closed, funded through issuance of new shares, resulting in a 0.2 pp improvement in loan-to-value
Refinancing of € 250m revolving credit facility (RCF) completed, at improved terms, with a tenor of five years plus extension options up to seven years
Despite ongoing geopolitical tensions, we remain confident in our 2026 DRPS forecast of € 1.85-1.95

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