Wereldhave N.V./€WHA

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About Wereldhave N.V.

Wereldhave N.V. is a real estate investment trust (REIT) based in the Netherlands, specializing in the development and management of retail properties. The company's portfolio primarily includes shopping centers, with a focus on creating convenient, full-service retail environments for everyday needs. Founded in 1930, Wereldhave has adapted its business model over the years to align with changing consumer preferences, including an emphasis on community-driven shopping experiences. The company operates primarily in the Netherlands but also has significant operations in Belgium. Wereldhave's strategic approach includes enhancing the sustainability and digital capabilities of its properties, leveraging its longstanding presence in core markets to maintain a strong local footprint. The headquarters is located in Schiphol, Netherlands.

Ticker

€WHA

Primary listing

AEX

Employees

110

Wereldhave N.V. Metrics

BasicAdvanced
€890M
9.83
€1.98
1.11
€1.25
6.42%

Bulls say / Bears say

Wereldhave’s first joint venture with Sofidy (Tikehau Group) to acquire Stadshart Zoetermeer introduces a capital-efficient JV model, supporting the company’s 2025–2027 management agenda.
The €150 million purchase of Stadshart Zoetermeer is expected to increase annualized DRPS by €0.04 per share, reflecting disciplined, value-creating growth of the portfolio.
In its Q3 2025 trading update, management raised full-year 2025 DRPS guidance to €1.80–1.85 (from €1.75–1.85), supported by 4.3% like-for-like net rental income growth in core markets.
The acquisition in Tilburg was entirely paid for by issuing 313,700 new shares at market value, causing slight EPS dilution for current shareholders.
Over 90% of Wereldhave’s portfolio value is located in the Netherlands (about 43%) and Belgium (about 48%), which heightens risk from potential retail market downturns in these countries and reflects limited geographic diversification.
Despite the LifeCentral strategy, the company’s portfolio is still predominantly based on traditional retail tenants; changing consumer preferences and increased online competition could pressure occupancy rates and rental growth since transformation initiatives are only at early stages.
Data summarised monthly by Lightyear AI. Last updated on 7 Nov 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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