Q3 2021 Warehouses de Pauw NV Earnings Call Transcript

Oct 20, 2021 / 01:00PM GMT
Joost Uwents - Warehouses De Pauw NV - MD, Co-CEO & Executive Director

Good morning or good afternoon, everybody. Welcome to the WDP Q3 update of our results. We first ask indeed to stay on mute. We'll do first the presentation, and then after that, you can ask your questions by raising your hand and/or putting your questions in the chat box. But indeed, we will keep it short since I think most of the things are clear, and it is only a quarterly update, and so that we can be open for all your questions.

I think we can say that we are really full steam ahead towards our short-term and long-term strategic goals. We have a full house, 99% occupancy rate, and even everybody still paid the bill. And our portfolio is growing further to the expected EUR 6 billion in the end of our investment scheme. And indeed, within this investment scheme, we are today fully in line with our plan of EUR 100 million per quarter. And so already for this year, again, and this quarter, again, we realized another EUR 100 million of new projects, which brings us in total up to EUR 1.3 billion. So still EUR 700 million to

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