Frequently asked questions

• Managed only for the interest of all her shareholders;
• The necessary professional trustworthiness is requiered by the Members of its Board;
• Annual valuation and quarterly update of the property portfolio by an independent external real estate expert;
• Quarterly reporting;
• Diversification of the property portfolio;
• The profit is not subject to corporate tax;
• The withholding tax (dividend) amounts 15%;
• The maximum authorized debt in relation to the assets of  the Sicafi amounts to 65%;
• The company has an obligation to distribute as dividend, at least 80% of the direct result.
• The gains on disposal of fixed assets are only excluded from the net income,in so far as they are re-used within a four-year period dating from the first day of the year in which these gains were realised.

Wereldhave Belgium shares are traded at NYSE Euronext continuous exchange in Brussels.

Under condition of approbation at the shareholder’s meeting of April 11, 2012, the dividend will be payable as of Thursday, April 19, 2012, against delivery of coupon 15. Financial services are provided by BNP Paribas Fortis.

Investment properties are valued at fair value. Fair value is based on the market rent minus the operating costs. This value is reduced by the standard transaction costs (13,0%).

Wereldhave Belgium's portfolio is valued yearly at December 31 by an external real estate expert. An update is made every 3 months.

Wereldhave Belgium has a preference for investing in modern, adaptable and identifiable buildings in readily accessible locations where there is a liquid property market. The portfolio is both sectorally as geographically spread over Belgium. Shopping centres are preferred as future investments, complemented with other real estate. Diversification facilitates portfolio renewal.