Wereldhave Trading update Q3 2025

Summary by AI ^BETAClose X

Wereldhave's Q3 2025 trading update reflects robust operational results, prompting an upward revision of its FY 2025 Direct Result Per Share (DRPS) guidance to €1.80-1.85, from the prior €1.75-1.85 range. The company reported a solid 4.3% like-for-like net rental income growth in core countries, fueled by positive leasing spreads. A new strategic partnership with Ocean Outdoor in the Netherlands, involving over 150 digital screens, is expected to enhance other rental income starting in 2026. Additionally, Wereldhave secured a 2,000 m² lease with TK Maxx in Tilburg and completed its tenth Full Service Center transformation at Shopping Nivelles, indicating strong operational execution and future revenue potential.

Disclaimer*

On the back of solid operational results, FY 2025 DRPS guidance raised to € 1.80-1.85 (previously € 1.75-1.85)
Like-for-like net rental income growth in core countries 4.3%, driven by positive leasing spreads and growth in other rental income
Strategic partnership signed with Ocean Outdoor in the Netherlands for multimedia network with over 150 digital screens, boosting other rental income as of 2026
First lease signed with popular and expanding off-price retailer TK Maxx for 2,000 m² in Tilburg
With delivery of Full Service Center Shopping Nivelles, Wereldhave’s 10th FSC transformation was completed

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