Wereldhave NV was founded in 1930 and is a real estate investment company focused on convenience shopping centres and commercial properties that are dominant in their surroundings and located in larger provincial cities in northwest continental Europe.
The shopping centers chosen by the company for its portfolio have the right balance between shopping convenience and experience and offer easy accessibility and a wide range of goods and services. Company properties are found in Finland, France, the Netherlands, Spain, the UK, the US, and other countries.
At the end of 2018, the company’s real estate portfolio had a market value of €3.3 billion, broken down into commercial premises (97%) and offices (3%). In the first quarter of 2019, Wereldhave NV reported that the company’s gross rental income from continued operations was up 7%, and also announced that retail giant Sephora, which is present in 5 out of 6 Wereldhave shopping centres in France, has decided to re-engage with the company for a 10-year period. Diversify your portfolio and buy WHA.NV stocks.