HOME INVEST BELGIUM NV Company Presentation
31 Dec 2023
Company presentation 31 Dec 2023
Landlord of choice
We offer more than just a place to live.
We provide our tenants with a place to build their lives in
properties that shape vibrant communities.
It is our explicit ambition to be the "landlord of choice" for
tenants.
Company presentation 31 Dec 2023 | 2 |
Topics
- Company profile
- Real estate portfolio 31 Dec 2023
- Key activities FY 2023
- Financial results FY 2023
- HOMI share
- Outlook
Company presentation 31 Dec 2023 | 3 |
Company profile
Company presentation 31 Dec 2023
Home Invest Belgium at a glance
Listed Belgian REIT
- Number 1 owner and manager of residential properties in Belgium
- Listed on Euronext Brussels since 1999
- A specialist with 20+ years of experience…
- … and 20+ years of consecutive dividend growth
- Over 40 dedicated professionals
- HQ in Brussels
€ 305 mio market capitalisation
as on 31 Dec 2023
Group Van
Overstraeten
29,5%
Free float
49,5%
AXA SA
17,4%
Mr & Ms Van Overtveldt - de Frahan
Own shares3,1% 0,5%
Company presentation 31 Dec 2023 | 5 |
Home Invest Belgium at a glance
Residential real estate
Specialist
In-house development team
Long term debt funding
Strong shareholder returns
- Biggest sector within the real estate market with a need for professionalization
- Limited impact from business cycles on the letting market
- Limited impact from disruption
- Responds to the primary human need for housing
- In-houseteam of over 40 dedicated real estate professionals
- Top of mind with other market participants (sellers, buyers, brokers, innovators, …)
- Assures a constant pipeline for growth
- Higher yields obtained thanks to internalization of development margin
- Apartment design and quality standards geared to the tenant market
- Built from the long-term perspective of an end investor
- Well diversified funding sources from 7 financial institutions and good access to debt capital markets
- Long term funding with a high proportion of fixed interest rates (93.1% fixed rates with a remaining average duration of 4.9 years)
- Strong track record of dividend growth
- Strong track record of NAV growth
- Supported by stable reference shareholders
Company presentation 31 Dec 2023 | 6 |
Real estate portfolio
31 Dec 2023
Company presentation 31 Dec 2023
Strong growth track
€ 781 mio portfolio value
Evolution of the fair value of the real estate portfolio
€ 800m € 700m € 600m € 500m € 400m € 300m € 200m € 100m € 0m
1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Company presentation 31 Dec 2023 | 8 |
Specialist in residential real estate
>90% of the porfolio is residential real estate
Retail | |
4,8% | Offices |
5,1% | Residential |
90,1%
0,6%
82,3%
Nursing homes
Houses
Tourism
7,2%
Company presentation 31 Dec 2023 | 9 |
Located in Belgium (91%) & the Netherlands (9%)
With a strong presence in the
Brussels Capital Region (67% of the portfolio)
The Nethelands
9,3%
Flemish Region 13,3%
Walloon Region
10,5%Brussels Capital
Region
66,9%
Company presentation 31 Dec 2023
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Disclaimer
Home Invest Belgium NV published this content on 19 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2024 16:29:08 UTC.
