Q4 2020 Warehouses de Pauw NV Earnings Call Transcript

Jan 29, 2021 / 02:00PM GMT
Joost Uwents - Warehouses De Pauw NV - MD, Co-CEO & Executive Director

Good afternoon, everybody, dear investors, bankers, analysts and also dear listeners from the TET and LeKo. We all welcome you. Welcome. (foreign language).

So this will be a session in listen-only mode, but you can ask all your questions in the chat box even during the presentation. And after the presentation, we will answer them all one by one.

So if we look to our results and our projects, I see the proof of the fact that the supply chain has taken control in every business, that indeed, it is becoming the beating heart of every business. And you see that in our existing portfolio with a 99% occupancy rate, a full house and indeed, more than EUR 400 million of new projects that we signed this year. This brings us to a global amount of EUR 1 billion of new projects contracted in 2 years. And as usual, they were done with 50% of existing clients, 50% new clients and also already some years for more than 50% in the Netherlands.

These investments, this package of EUR 1 billion made us say that thanks to

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