Slide 1: Q3 2023 results
Q3 2023 results Brussels, 31 October 2023 -1-
Slide 2: Table of content
Table of content 3 Highlights Q3 2023 7 Strategy 15 Achievements 17 Portfolio analysis 51 Financials 68 Shares & shareholders 77 Outlook 80 Conclusion -2-
Slide 3: Highlights Q3 2023
Highlights Q3 2023 Residentie ‘t Spelthof Lubbeek – Belgium -3-
Slide 4: Highlights Q3 2023
Highlights Q3 2023 €167.3 million 8 €513 million 39.7% +24% YoY countries (of which €318m to be debt-to-assets ratio EPRA earnings invested) committed investment programme €406 million construction & renovation raised on capital markets €233.5 million 611 7 through optional dividend & rights issue +
Slide 5: Investment activity
Investment activity New investments & pipeline completions1 €7.5 million 1 new development project (~ €7.5 million) announced in Q3 2023 7 projects (~ €91 million) completed in Q3 2023 1 See Q3 2023 press release for more details. -5-
Slide 6: Portfolio outlook
Portfolio outlook Total portfolio outlook: €6 billion €m 6.500 +513 6,042 6.000 5,641 -113 5.500 5.000 4.500 4.000 3.500 3.000 2.500 2.000 1.500 1.000 500 0 Marketable investment properties1 Assets classified Committed investment programme Portfolio outlook (30/09/2023) as held for sale (30/09/2023)
Slide 7: Strategy
Strategy LLT Almere Buiten Almere – Netherlands -7-
Slide 8: Aedifica at a glance
Aedifica at a glance Pure-play Market reference Belgian REIT Long term stable healthcare in European listed (RREC/SIR/GVV) cash flows healthcare real estate €5.8 billion Growth potential ~ €2.3 billion Inflation-linked real estate portfolio driven by demographic market cap contracts evolution €513 m
Slide 9: Exploring European markets
Exploring European markets Track record of entering new markets & creating a platform for future growth 2013 – 2016 – 2019 – 2020 – 2021 – Ireland Germany Netherlands United Finland & 1st investment in Feb 2021: €25m Current portfolio: €376m (21 sites) 1st investment in 1st investment in Kingdom Swe
Slide 10: Demographic evolution
Demographic evolution Ageing in Belgium Ageing in Germany 40% 40% 35% 35% 30% 30% 65 + 65 + 25% 25% 70 + 70 + 20% 20% 75 + 75 + 15% 80 + 15% 80 + 10% 85 + 10% 85 + 5% 5% 0% 0% 2020 2030 2040 2050 2060 2070 2080 2020 2030 2040 2050 2060 2070 2080 Source: Eurostat, 2023 Source: Eurostat, 2023 Ageing i
Slide 11: Demographic evolution
Demographic evolution Ageing in Finland Ageing in Sweden 40% 40% 35% 35% 30% 30% 65 + 65 + 25% 25% 70 + 70 + 20% 20% 75 + 75 + 15% 80 + 15% 80 + 10% 85 + 10% 85 + 5% 5% 0% 0% 2020 2030 2040 2050 2060 2070 2080 2020 2030 2040 2050 2060 2070 2080 Source: Eurostat, 2023 Source: Eurostat, 2023 Ageing in
Slide 12: Sustainability
Sustainability Improvement of Charter for Responsible Suppliers sustainability scores relations promoting good ethics & strong commitments Award and CSR 2023 2022 2021 2020 2019 2018 to corporate social responsibility business Benchmarks practices Silver + EPRA sBPR Gold Gold Gold Gold Most Improved
Slide 13: Sustainability
Sustainability Strategy • Commitment to the Paris Agreement to achieve net zero GHG emissions for our entire portfolio by 2050: focus on lifecycle assessment of our properties • Green lease annex introduced in 2022 to facilitate cooperation with operators in reducing the portfolio’s carbon footprint
Slide 14: Sustainability
Sustainability CRREM Research project ‘Carbon Risk Real Estate Monitor’ framework yoy Translates long-term policies (COP21 Paris Agreement) into science-based targets that are global warming scenarios, country and building type specific Proposes a framework for assessing building specific carbon ris
Slide 15: Achievements
Achievements Oulu Upseerinkatu Oulu – Finland -15-
Slide 16: Achievements
Achievements Investment properties1 evolution & focus on Europe EVOLUTION SINCE 2006 GEOGRAPHICAL BREAKDOWN (FAIR VALUE)2 €m CAGR: 22% 100% 1 2 5 1 6.500 5 2 2 (as of 30 September 2023) 6,122 12 12 9 13 15 1 7 1 7 6.000 5,704 5,836 18 1 17 5.500 14 18 17 80% 17 19 4,896 5.000 23 14 12 4.500 12 12 11
Slide 17: Portfolio analysis
Portfolio analysis Seniorenhaus Lessingstrasse Würzen - Germany -17-
Slide 18: Healthcare real estate portfolio
Healthcare real estate portfolio Healthcare segment breakdown FOCUS ON CARE FACILITIES FOR ELDERLY PEOPLE 7% 5% Elderly care homes 16% Senior housing Mixed-use elderly care buildings Child day-care centres 4% 68% Other care segments Marketable investment properties incl. assets classified as held fo
Slide 19: Healthcare real estate portfolio
Healthcare real estate portfolio Geographical breakdown DIVERSIFICATION ACROSS EUROPEAN COUNTRIES 1% >0% 7% 12% 23% Belgium Germany United Kingdom Finland 17% Netherlands 21% Ireland Sweden Spain 19% Marketable investment properties incl. assets classified as held for sale (€5,546 m), excl. rights o
Slide 20: Belgian healthcare portfolio
Belgian healthcare portfolio PORTFOLIO OF 85 ASSETS €1,281 m ~8,800 5.8% 19 years portfolio residents yield on WAULT fair value fair value 4 17 ~€1,278 m Inflation- projects tenant portfolio outlook linked to be groups as of triple net long completed 30 October 2023 leases -20-
Slide 21: Belgian healthcare portfolio
Belgian healthcare portfolio Marketable investment properties Projects in the investment programme -21-
Slide 22: Belgian healthcare portfolio
Belgian healthcare portfolio Klein Veldekens, Résidence Véronique, Geel – 132 units Somme-Leuze – 131 units Hof Van Schoten, Schoten – 101 units Militza Brugge, Bruges – 120 units -22-
Slide 23: German healthcare portfolio
German healthcare portfolio PORTFOLIO OF 100 ASSETS €1,172 m ~10,200 5.3% 22 years portfolio residents yield on WAULT fair value fair value 10 26 ~€1,208 m Inflation- projects tenant portfolio outlook linked to be groups as of double net long completed 30 October 2023 leases with various indexation
Slide 24: German healthcare portfolio
German healthcare portfolio Marketable investment properties Projects in the investment programme -24-
Slide 25: German healthcare portfolio
German healthcare portfolio Seniorenquartier Weyhe, Seniorenquartier Langwedel, Weyhe - 109 units Langwedel - 99 units Seniorenquartier Bremen, Bremen – 109 units Seniorenhaus Lessingstrasse, Wurzen - 73 units -25-
Slide 26: Dutch healthcare portfolio
Dutch healthcare portfolio PORTFOLIO OF 72 ASSETS €651 m ~3,100 6.1% 16 years portfolio residents yield on WAULT fair value fair value 2 23 ~€670 m Inflation- projects tenant portfolio outlook linked to be groups as of mostly triple net completed 30 October 2023 long leases Strategic partnership wit
Slide 27: Dutch healthcare portfolio
Dutch healthcare portfolio Marketable investment properties Projects in the investment programme -27-
Slide 28: Dutch healthcare portfolio
Dutch healthcare portfolio Villa Florian, Blaricum - 29 units Nieuw Heerenhage, Heerenveen - 126 units Martha Flora Breda, Breda - 28 units LLT Almere Buiten, Almere - 38 units -28-
Slide 29: UK & Channel Islands healthcare portfolio
UK & Channel Islands healthcare portfolio PORTFOLIO OF 113 ASSETS €1,029 m ~7,200 6.3% 22 years portfolio residents yield on WAULT fair value fair value 10 19 ~€1,107 m Inflation- projects tenant portfolio outlook linked to be groups as of triple net long completed 30 October 2023 leases with genera
Slide 30: UK & Channel Islands healthcare portfolio
UK & Channel islands healthcare portfolio Rent cover evolution 2,20 2,10 2,00 1.9x 1,90 Rent cover over the last 1,80 12m for UK mature portfolio 1,70 1,60 1,50 > 2.0x 1,40 Q2 2023 rent cover 1,30 for UK mature portfolio 1,20 1,10 1,00 Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun 2020 2020 20
Slide 31: UK & Channel Islands healthcare portfolio
UK & Channel Islands healthcare portfolio Marketable investment properties Projects in the investment programme -31-
Slide 32: UK & Channel Islands healthcare portfolio
UK & Channel Islands healthcare portfolio Shipley Canal Works, St Mary’s Riverside, Shipley - 66 units Hessle - 67 units Creggan Bahn Court, Aylesbury Martin Dalby, Ayr - 58 units Aylesbury - 61 units -32-
Slide 33: Finnish healthcare portfolio
Finnish healthcare portfolio PORTFOLIO OF 194 ASSETS €965 m ~14,000 5.8% 12 years portfolio residents & yield on WAULT fair value children fair value 22 48 ~€1,129 m Inflation- projects tenant portfolio outlook linked to be groups as of double net long completed 30 October 2023 leases >6.5% 18% Expe
Slide 34: Finnish healthcare portfolio
Finnish healthcare portfolio Marketable investment properties Projects in the investment programme -34-
Slide 35: Finnish healthcare portfolio
Finnish healthcare portfolio Oulu Jahtivoudintie, Tampere Sisunaukio, Oulu – 340 units Tampere - 130 units Koy Espoon Matinkartanontie, Espoo - 537 units Liminka Saunarannantie, Liminka - 99 units -35-
Slide 36: Swedish healthcare portfolio
Swedish healthcare portfolio PORTFOLIO OF 24 ASSETS €68 m ~750 6.1% 12 years portfolio residents & yield on WAULT fair value children fair value 2 13 ~€88 m Inflation- projects tenant portfolio outlook linked to be groups as of double net long completed 30 October 2023 leases Experienced in- ‘Build
Slide 37: Swedish healthcare portfolio
Swedish healthcare portfolio Marketable investment properties Projects in the investment programme -37-
Slide 38: Swedish healthcare portfolio
Swedish healthcare portfolio Bälinge Lövsta 9:19, Almungeberg 1:21, Uppsala - 12 units Uppsala - 6 units Förskola Kallinge, Ronneby - 120 units Sunnersta 120:2 & 120:4, Uppsala - 6 units -38-
Slide 39: Irish healthcare portfolio
Irish healthcare portfolio PORTFOLIO OF 21 ASSETS €376 m ~2,200 5.6% 24 years portfolio residents yield on WAULT fair value fair value 4 5 ~€437 m Inflation- projects tenant portfolio outlook linked to be groups as of triple net long completed 30 October 2023 leases -39-
Slide 40: Irish healthcare portfolio
Irish healthcare portfolio Marketable investment properties Projects in the investment programme -40-
Slide 41: Irish healthcare portfolio
Irish healthcare portfolio Dublin Stepaside, Stepaside - 119 units Beaumont Lodge, Dublin - 221 units Clondalkin Nursing Home, Dublin - 150 units Northwood Nursing Home, Dublin - 121 units -41-
Slide 42: Spanish healthcare portfolio
Spanish healthcare portfolio PARTNERSHIP WITH SPANISH OPERATOR €3 m 2 1 portfolio projects plot of land fair value to be completed 1 ~28 m Inflation- tenant portfolio outlook linked group as of triple net long 30 October 2023 leases -42-
Slide 43: Healthcare real estate tenants
Healthcare real estate tenants Tenant diversification1 10% 611 sites with approx. 7% 300 tenants (or ~150 5% ‘groups’) representing European, national and 5% local profit and not-for- 53% 4% profit operators 4% No ‘operator group’ 3% leases more than 10% of 3% Aedifica’s consolidated 3% 3% assets Mu
Slide 44: Healthcare real estate tenants
Healthcare real estate tenants Tenant diversification1 3% 7% Profit Predominantly private Non-profit operators Growing public and Public non-profit segments among tenants 90% 1 Based on the contractual rents. -44-
Slide 45: Lease maturity & occupancy rate
Lease maturity & occupancy rate UNEXPIRED LEASE TERM WAULT BY COUNTRY 1% (Years) 8% 25 Avg < 5 years 24 19 years 18% 20 22 22 5 to 10 years 19 10 to 15 years 15 16 73% ≥ 15 years 10 12 12 5 19 years Weighted average unexpired 100 % 0 Occupancy rate Belgium Germany Netherlands United Kingdom Finland
Slide 46: Age of buildings
Age of buildings >60% OF THE PORTFOLIO IS LESS THAN 15 YEARS OLD 5% 25% 0-5 years 37% 6-10 years 11-15 years > 15 years Project 17% 15% Age profile based on a weighted average of the gross square footage of our properties using completion date of a construction or renovation phase done on site. -46-
Slide 47: Resilience in portfolio valuation
Resilience in portfolio valuation GROSS YIELDS ON FAIR VALUE LIKE-FOR-LIKE PORTFOLIO VALUATION Conservative valuation yields Resilient portfolio valuation despite changed (%) 7 market conditions 6 6.3 Avg 5.8 (%) Change in FV 6.1 6.1 5.8 5.8 LFL - Q3 5.6 0 Belgium -0.4% 5 5.3 -0,5 -0.2 Germany -0.8%
Slide 48: Portfolio growth
Portfolio growth Development projects Espoo Kuurinkallio – Espoo (FI) Expected completion: Q2 2024 Nynäshamn Källberga– Ösmo (SE) Expected completion: Q2 2024 Zamora Av. de Valladolid – Zamora (ES) Sligo Finisklin Road – Sligo (IE) Expected completion: Q4 2024 Expected completion: Q2 2024 -48-
Slide 49: Committed development projects
Committed development projects Pipeline €513 million of which €318 million to be invested GEOGRAPHICAL SPLIT EXPECTED DELIVERY DATE €20m €20m 4% €20m €25m 4% 4% 5% Finland €91m 100% pre-let €71m 18% 2023 9% 32% United Kingdom 14% €47m €164m Germany 2024 €28 million Ireland expected rental 12% €61m B
Slide 50: Committed development projects
Committed development projects Pipeline phasing out with projects completion (€ million) 600 513 400 -90 €90 million projects delivered -130 in Q3 2023 200 1 Not assuming any new investment. ~110 1 -185 0 Pipeline Q4 2023 H1 2024 H2 2024 Pipeline 30/09/2023 31/12/2024 -50-
Slide 51: Financials
Financials Clondalkin Nursing Home Dublin - Ireland -51-
Slide 52: Income Statement
Income Statement EPRA Earnings EPRA EARNINGS YOY INCREASE OF 24% Consolidated incom e statem ent - analytical form at 30/09/2023 30/09/2022 +18% (x €1,000) Operating result before result on portfolio mainly following Rental income 233,537 200,440 increased net rental income Rental-related charges -9
Slide 53: Income Statement
Income Statement Net result EARNINGS PER SHARE Consolidated incom e statem ent - analytical form at 30/09/2023 30/09/2022 (x €1,000) EPRA Earnings* 167,338 134,470 Changes in fair value of financial assets and liabilities Changes in fair value of investment properties -303 -101,879 124,506 160,215 -
Slide 54: Rental income
Rental income (€ m) 240 +17.5 -1.6 233.5 230 220 +5.8 +11.2 +1.3 210 -1.0 200.4 200 190 17% increase YoY 180 170 Rental Indexation Rent Disposals Deliveries Acquisitions FX impact Rental income renegotiation income Q3 2022 Q3 2023 -54-
Slide 55: Rental income
Rental income (€ m) 240 +7.4 +0.2 233.5 230 +7.2 +0.2 +5.9 220 +3.6 +3.7 210 +4.9 200.4 200 190 17% increase YoY 180 170 Rental Belgium Germany Netherlands United Finland Sweden Ireland Spain Rental income Kingdom income Q3 Q3 2022 2023 +5.8% rent indexation Change: +9.9% +8.8% +14.6% +17.3% +21.5%
Slide 56: EPRA Earnings
EPRA Earnings (€ m) 180 +33.1 -1.5 +13.6 +0.1 -0.2 167.3 170 -11.2 160 150 140 134.5 130 120 24% 110 increase YoY 100 90 80 EPRA Rental Operating Financial Tax EPRA Non- EPRA Earnings Q3 income costs result earnings of controlling Earnings Q3 2022 associates interests 2023 -56-
Slide 57: Consolidated balance sheet (€ m)
Consolidated balance sheet (€ m) Balance sheet total: €6.2 billion 3,289 3,647 5,704 5,836 2,785 Investment properties 2,6 Equity (incl. assets classified as 58 held for sale) 2,1 2,173 Other assets included Liabilities included 73 2,602 in debt ratio 2,430 in the debt ratio Other assets Other liabi
Slide 58: Debt-to-assets ratio
Debt-to-assets ratio 56% 56% 50% 50% 43% 45% 43% 44% 46% 42% 41% 40% 37% Financial policy: debt-to-assets ratio ~40% with a maximum of 45% Bank covenants stand at a maximum of 60%. March June March June Oct Dec March June March June Dec June Sept 2019 2019 2020 2020 2020 2020 2021 2021 2022 2022 202
Slide 59: Debt-to-assets ratio
Debt-to-assets ratio €67m €100m €153m €219m €418m €207m €459m €286m €254m €380m rights issue rights issue rights issue rights issue rights issue ABB rights issue ABB ABB rights issue Oct 2010 Dec 2012 June 2015 Mar 2017 May 2019 Apr 2020 Oct 2020 Jun 2021 Jun 2022 July 2023 60% 7.000 50% 6.000 5.000
Slide 60: Strong track record in accessing equity capital markets
Strong track record in accessing equity capital markets 800 700 207 600 500 47 1 400 26 300 418 459 286 255 380 200 7 219 3 100 100 11 153 8 17 16 5 16 47 55 - Rights issue Contribution in kind Optional dividend Accelerated bookbuilding -60-
Slide 61: Credit facilities
Credit facilities Diversified sources of funding Total financial debt: Investment credits €2,284 million 8%5% 4% Investment credits 4% 13% Debt financing YTD: Term loans Term loans 57% bank 4% €445 million facilities Revolving loans Revolving loans • €340 million early 22% 33% refinancing of 38% USP
Slide 62: Credit rating & KPI's
Credit rating & KPI’s Solid investment grade rating BBB with 5.9x 8.6x stable outlook ICR1 Net debt/EBITDA2 Credit rating S&P Global Unsecured 1.9% 42% financing except Average cost of debt sustainable financing − Hoivatilat: certain incl. commitment fees share of drawn debt particularities apply, a
Slide 63: Credit facilities
Credit facilities Well spread debt maturity profile (in € million) 700 600 40 €929 million1 87 headroom on committed 500 365 163 69 credit lines on September 30 400 to finance capex & liquidity 105 365 300 181 needs 524 200 332 15 265 265 100 162 166 221 Financing needs are covered 16 50 till summer
Slide 64: Credit facilities
Credit facilities Interest rate hedging1 100% 3% 4% 5% 4% 12% 15% 90% 13% 13% 80% 70% 60% 48% 46% 54% 51% 49% 97% of debt hedged by derivatives 50% or fixed rate debt 40% as of 30 September 2023 30% 20% 37% 37% 5.1 years 37% 36% 36% Weighted average hedge 10% maturity 0% 30/09/2023 31/12/2023 31/12/
Slide 65: Net asset value
Net asset value Discount on 30 October 2023 34% vs NAV at FV excl. IAS 39 36% vs NAV at FV incl. IAS 39 39% vs EPRA NTA Net asset value per share (in €) 30/09/2023 31/12/2022 Net asset value after deduction of dividend 2022, excl. 74.09 75.84 changes in fair value of hedging instruments* Effect of t
Slide 66: Dividend policy
Dividend policy €3.80 / share (gross) DPS guidance for 2023 + 3% compared to 2022 Withholding tax: − General rule: 30% − Reduced to 15% as healthcare REITs investing more than 80% of its portfolio in residential European healthcare real estate -66-
Slide 67: EPRA
EPRA EPRA METRICS Aedifica is included in the EPRA indices 30/09/2023 30/09/2022 EPRA Earnings* (in €/share) 3.95 3.58 EPRA Cost Ratio (including direct vacancy costs)* (in %) 14.7% 15.8% EPRA Cost Ratio (excluding direct vacancy costs)* (in %) 14.7% 15.8% 30/09/2023 31/12/2022 EPRA NRV* (in €/share
Slide 68: Shares & shareholders
Shares & shareholders Helsinki Kansantie Helsinki – Finland -68-
Slide 69: Share price since IPO
Share price since IPO (%) 400 Spot (€) Var. (%) 375 Aedifica 48.60 44 350 BEL20 3,290.68 -21 325 EPRA Belgium 1,093.17 -23 300 275 EPRA Europe 1,325.14 -50 250 225 200 175 150 125 100 75 50 Aedifica: based on IPO price (€41), adjusted to take into account the rights issues. 25 Aedifica BEL20 EPRA Be
Slide 70: Total return since IPO
Total return since IPO (%) 700 Return Var. (%) Aedifica 97 188 600 EPRA Belgium 4,336 101 500 EPRA Europe 3,299 -4 400 300 200 100 Aedifica: based on IPO price (€41), adjusted to take into 0 account the rights issues. Aedifica total return Epra Belgium total return Epra Europe total return (As of 27
Slide 71: Euronext
Euronext Inclusion in the BEL20 & BEL ESG In 2020, Aedifica entered the BEL20, the leading share index of Euronext Brussels. The BEL 20 index comprises Belgian companies listed on Euronext Brussels that record the largest free-float market capitalisation, of which the share is sufficiently liquid an
Slide 72: Shareholding
Shareholding1 INTERNATIONAL & DIVERSIFIED SHAREHOLDERS BASE1 5% Belgium 15% US Netherlands 31% France 0% 3% UK One shareholder 3% Luxembourg holding more than 5% of Germany the company’s capital 2 4% Ireland 6% Switzerland ~1/4 retail shareholders United Arab Emirates ~3/4 institutional 13% 6% Other
Slide 73: Award
Award EPRA EPRA REPORTING: BEST PRACTICES RECOMMENDATIONS (BPR) From 2015 to 2023, Aedifica’s annual financial report was awarded 9 consecutive times the ‘EPRA BPR Gold Award’ From 2020 to 2023, Aedifica received the ‘EPRA sBPR Gold Award‘ for the Sustainability Reports -73-
Slide 74: Corporate governance
Corporate governance TRANSPARENCY BOARD OF DIRECTORS • NV/SA • 12 Directors • 7 independent non-executive Directors • Management in the box • 5 executive Directors • 100% free float • Gender diversity ratio: 42% • No poison pills • International • Audit & Risk Committee • Nomination & Remuneration C
Slide 75: Aedifica's Executive Committee
Aedifica’s Executive Committee Sven Bogaerts Chief Mergers & Charles-Antoine van Aelst Acquisitions Officer Chief Investment Officer Raoul Thomassen Stefaan Gielens Ingrid Daerden Chief Operating Officer Chief Executive Officer Chief Financial Officer -75-
Slide 76: Organisation & team
Organisation & team INTERNATIONAL TEAM 7 3 Local teams in 6 countries 9 Belgium managing the portfolio Finland and the group’s growth 11 UK 66 Germany International staff of 128 people of which Netherlands 45 women and 83 men 32 Sweden Number of employees per country -76-
Slide 77: Outlook
Outlook Priesty Fields Care Home Congleton – United Kingdom -77-
Slide 78: Outlook FY 2023
Outlook FY 2023 €311 million €300 million Assuming FBI-tax regime in the Dutch subsidiaries in 2023 and refund of rental income pipeline deliveries in 2023 approx. €9 million for previous years (2016- (+ 14% vs. 2022) 2021) €216 million ~ €150 million EPRA Earnings ~ €320 million asset rotation (+ 1
Slide 79: Outlook
Outlook Drivers for future growth while maintaining a solid debt-to-asset ratio • Strong fundamental tailwinds € / share remain intact 7,0 6,5 • Demography 6,0 5,5 • Market consolidation ** 5,0 4,35 4,76 4,95 • Public financing 4,5 4,23 4,0 3,25 3,74 3,40 3,70 3,80 • Enhancing long-term cash flows 3
Slide 80: Conclusion
Conclusion Koy Oulun Siilotie Oulu - Finland -80-
Slide 81: Investment highlights
Investment highlights Attractiveness for shareholders PURE-PLAY FAIR VALUE HISTORY HEALTHCARE REIT IN EUROPE OF PORTFOLIO SHOWING RESILIENCE 19 YEARS WEIGHTED AVERAGE LEASE STRONG UNDERLYING TERM DEMOGRAPHIC TRENDS SOLID TRACK RECORD IN INVESTMENT, EQUITY AND DEBT-FINANCING LONG-TERM GROWTH STRONG D
Slide 82: Thank you
Thank you INVESTOR RELATIONS ir@aedifica.eu Rue Belliard/Belliardstraat 40 bte 11 1040 Brussels, Belgium -82-
Slide 83: Stefaan Gielens - Chief Executive Officer; Ingrid Daerden - Chief Financial Officer
Stefaan Gielens - Chief Executive Officer Ingrid Daerden - Chief Financial Officer -83-
Slide 84: Aedifica SA/NV
Aedifica SA/NV Public REIT under Belgian Law Regulated Real Estate Company (RREC) Société immobilière réglementée (SIR) Gereglementeerde vastgoedvennootschap (GVV) Rue Belliard 40 / Belliardstraat 40 (box 11) 1040 Brussels Tel: +32 (0)2 626 07 70 - Fax: +32 (0)2 626 07 71 info@aedifica.eu - www.aedi
Slide 85: Forward-looking statement
Forward-looking statement This Presentation includes forward-looking statements that reflect the Company's intentions, beliefs or current expectations concerning, among other things, the Company’s results, condition, performance, prospects, growth, strategies and the industry in which the Company op
Slide 86: Appendix
Appendix Villa Casimir Roermond - Netherlands -86-
Slide 87: Notes
fl Notes aedifica | housing with care -87-