WEB SA Reports Resilient Half-Year Results Amidst Economic Challenges

WAREHOUSE ESTATES BELGIUM S.A. (WEB SA) announced its statutory half-year results for 2025, showing robust performance despite challenging economic conditions. The company's rental income rose by 3.75% to €12,643k, driven by new leasing activities and the acquisition of a semi-industrial building in Gosselies. Furthermore, WEB SA secured 32 new leases and renewals, highlighting its robust leasing strategy.

The company's real estate portfolio demonstrated resilience with a 1.42% increase in fair value to €341,264k. The occupancy rate slightly decreased to 95.03%, attributed to ongoing development projects. Operating income from buildings grew modestly by 1.02% to €9,574k.

WEB SA maintained a debt ratio of 48.53% and continued its strategic focus on interest rate risk management and ESG commitments. Despite global economic uncertainties, the company anticipates sustaining its dividend equivalent to the prior year.