Annual Financial Report 2021
Message of the Chairman & CEO
The global context is changing rapidly and we are on the front foot anticipating and adopting these changes.
The Befimmo portfolio offers an excellent base for the challenges of the new world of work.
Given our position as an innovative market leader we want to accelerate Befimmo’s transformation to meet the needs of tomorrow, as from today.
Our Vision
Our strategyWe aim to create, build & animate thriving Work & Life communities for a sustainable future.
Our Business Model
Six strategic objectives- 01
Activity Based Operating Model
- 02
Sector Diversification
- 03
Adjust Footprint
- 04
Portfolio Management
- 05
Client Centric Organisation
- 06
Disciplined Financial Management
Key figures
Strong portfolio fundamentals
#60
Buildings
±930,000m²
of workspaces
€128million
Net rental result
95.5%
Occupancy rate of properties available for lease
#8
coworking spaces
±34,900m²
of coworking spaces
€10million
Coworking turnover
75%
Occupancy rate of spaces open since more than 3 years
Solid financial structure
40.9%
LTV ratio
Financial results
€2.30
Per share
Consolidated EPRA earnings
Outlook
€2.40 - €2.45
Per group share
EPRA earnings outlook 2022
Team
54% men
46% women
46% women
Gender Diversity
Environment
26%
Reduction of absolute scope 1 & 2 GHG emissions (vs 2018)