Wereldhave N.V. announced gross rental income for the first quarter of 2018. For the quarter, the Gross rental income for the first quarter of 2018 amounted to €55.4 million, which is 3% below. The decrease is largely due to disposals in the Netherlands in 2017, lower rental income in France, partially offset by positive rental growth in the Netherlands and Finland. Occupancy stood at 93.4% at March 31, 2018. The occupancy structure also improved, as temporary leases accounting for 1.2% of the occupancy were replaced by permanent contracts. Turnover in the fashion industry has been soft. This will be reflected in rental income through sales based rents. Footfall in the French centres went up by 3.9%.

The company reconfirms its outlook for 2018 of a direct result between €3.30 and €3.40 per share.