Basic Profile & Key Statistics
- Main Sector(s): Office, Industrial & Logistics
- Country(s) with Assets: Netherlands, Italy, France, Poland, Germany, Finland, Denmark, Slovakia, Czechia & England
- of Properties (exclude development/associate/fund): 114
Key Indicators
Performance Highlight
For 3Q, gross revenue and NPI improved yoy mainly due to income from new acquisitions and higher occupancy in certain assets. Despite that, income available for distribution to unitholders remains similar probably due to offset by higher interest expenses.
Rental Reversion
Rental reversion for 3Q is at 6.8%.
Acquisition
On 18 October, CEREIT acquired a property in Denmark.
Divestment
On 18 October as well, CEREIT divested 2 properties in Germany above their purchased price.
Development
Development for Via Nervesa 21 and Lovosice ONE Industrial Park I extension have commenced in 1H 2022.
Sensitivity to Interest Rate
Should the 3-month Euribor rate maintain at an average of 2.2% for 2023, the DPU impact would be around 2.7%.
Related Parties Shareholding...
