The acquisitions made in 2016 contributed to the growth of the real estate portfolio and the positive movement in the operating results. In 2016 Qrf succeeded in increasing its EPRA result per share by 6.8% to 1.59 EUR. It also raised the gross dividend to 1.34 EUR per share.More info
Qrf City Retail has finalised the sale of two non-strategic retail premises, situated in Bruges (Legeweg 146-148) and Merksem (Bredabaan 448-452).More info
Qrf City Retail, the specialist in inner-city retail property, has reached an agreement regarding the acquisition of two retail premises on top locations in Antwerp (Schuttershofstraat 53 and Wapper 14-16). The investment value of the properties amounts to 7,7 MEUR in total. The assets, which are fully let to Karl Lagerfeld (Schuttershofstraat) and Royce' (Wapper), generate an annual rental income of 356 KEUR.
As a result of this transaction, the real estate portfolio reaches a Fair Value of more than 250 MEUR in three years time. The share of inner-city real estate grows to take 85% of the real estate portfolio.More info