Warehouses Estates Belgium S.C.A. (DE:WPK) has released an update.
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Warehouses Estates Belgium S.C.A. (WEB) reported solid financial results for the first half of 2024, with a notable increase in rental income by 10.6% and portfolio value by 5.01%, indicating a robust economic performance despite geopolitical tensions. The company’s occupancy rate climbed to 97.64%, and significant mergers were approved, resulting in the issuance of new shares to enhance their property portfolio. Additionally, WEB is advancing its ESG policy by reducing emissions, optimizing energy use, and expanding electric vehicle charging points.
For further insights into DE:WPK stock, check out TipRanks’ Stock Analysis page.
