Last Price | 20.85 | Max Price | 20.85 |
Min Price | 20.85 | 1 Year return | 0.00 |
Avg. Target | 0.00 | Expected Return | -100.00 % |
Sector | Financials | Subsector | Real Estate |
Sell | 0 | Rating | |
Hold | 0 | Concensus | |
Buy | 0 | ||
Annual report 2018 |
Intervest Offices has been founded from two companies, Interinvest offices NV and Interinvest Retail NV. Intervest Offices NV makes investments in Belgian business premises (office buildings, semi-industrial buildings, warehouses and high-tech buildings) at city peripherical sites. Intervest Retail NV invests in Belgian retail premises (inner city locations at prime sites, retail warehouses, shopping centres and a factory outlet). Intervest Offices stocks are traded on the Euronext Brussels and the company is a component of the BELMID (ISIN: BE0003746600 / Mnemo: INTO).
Intervest Offices & Warehouses is a Limited liability company which is a Property Investment fund under Belgian law or public property investment fund having its headquarters in Antwerp, Belgium. The company was established on 8 August 1996 and is listed on NYSE Euronext Brussels with supervision in Financial Services and Markets Authority and ING bank as a Liquidity Financial service provider. The board of directors of Intervest Offices & Warehouses center of attention is on the risk factors with which Intervest Offices & Warehouses must assert. The continuous developments in the real estate markets and the financial markets involves a constant observing of the tactical, operational, financial risks as well as financial reporting and agreement risks in order to preserve the good results and the financial circumstances of Intervest Offices & Warehouses.
Intervest Offices & Warehouses are a public property investment company that specialized in investments in the Belgian properties ever since 15 March 1999. Intervest Offices & Warehouses shares are listed on the NYSE Euronext Brussels. Intervest Offices & Warehouses make readily investments in premium office buildings and logistic properties in Belgium and then are rented out to high class tenants. All the properties in which the company makes investments mainly consists of modern buildings that are deliberately located outside the municipal centers. To further optimize the company's risk profile corporation also think about investments in properties within the municipal centers. As of Jan 1, 2013, the portfolio of Intervest Offices & Warehouses comprises about 61 % of offices and remaining 39 % of logistic properties with an occupancy rate of 86 %. With an expected fair value of the investment properties estimate total of 581 Million Euro.
Intervest Offices & Warehouse strategy of investment policy is rolled on to achieve the arrangement of a direct return acquired on rental income and an indirect return expected from the augment in the worth of the property portfolio. The property investment fund upholds an investment strategy that concentrates mainly on premium business properties which are further rented to high-class tenants. These premium business properties do not involve major repair work and are located at a tactical location if possible, on the axis Antwerp - Brussels while different sites take into contemplation as far as they gain the rental income. Business property includes not only office buildings but also logistic buildings, warehouses and modern buildings while there are no investments in residential and retail properties. Intervest Offices & Warehouses endeavor to make its share more striking by assuring a high liquidity, by increasing its property portfolio and by developing the risk spread.
Year | Turnover | Total sector | Market share |
---|---|---|---|
2019 | 47 | 220,904 | 0.02 % |
2020 | 65 | 201,696 | 0.03 % |
2021 | 61 | 259,267 | 0.02 % |
2022 | 64 | 289,743 | 0.02 % |
2023 | 71 | 279,876 | 0.03 % |
No Records Found
2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
The stock lost over the past 12 months at around 1 percent. Over the period 2011-2016 the stock rose a massive 33,61 percent. Intervest Offices's revenues between 2011 and 2015 were relatively stable and moved between 41,2 million euros and 46,14 million euros. During 2011 and 2015 Intervest Offices's net results were very volatile and fluctuated between 18,01 million euros and 25,95 million euros.
Intervest Offices's main office is based in Berchem. The company mostly operates in the real estate sector. The global real estate companies gained around 8 percent over the last 10 years. Over the past 5 years the sector is 20 percent higher.
Intervest Offices paid out dividends in the past 5 years. Intervest Offices's dividend return over the period 2011 - 2015 was around 8,13 percent per year.
At the end of 2015 the company had around 21 people employed.
As per the end of 2015 the Belgian company's balance sheet equaled 648,39 million euros. The total debt of the real estate company was at the end of 2015 326,66 million euros, which equals around 50,38 percent of the total balance sheet. At the end of 2015 the real estate company's stock was traded with a price/earnings-ratio 14. So the stock' value was 14 times the 2015' earnings per share. Many analysts say that based on her price/earnings-ratio and dividend yield the Belgian stock can be seen as a value stock.
At the end of 2015 the market capitalization (the number of shares outstanding multiplied by the stock price) of the real estate company equaled around 386,55 million euros. At the end of 2015 the Belgian company had around 16,2 million stocks listed.
All the company's financial reports are available here. More information about Intervest Offices can be found it's website. .
Results |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Revenue |
40
|
46
|
45
|
43
|
47
|
65
|
Costs |
24
|
21
|
25
|
22
|
13
|
|
Profit |
16
|
25
|
20
|
21
|
34
|
65
|
Margin of profit |
40.00
|
54.35
|
44.44
|
48.84
|
72.34
|
100.00
|
ROI |
5.10
|
7.79
|
6.13
|
5.85
|
7.14
|
12.43
|
Balance |
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|---|
Equity |
314
|
321
|
326
|
359
|
476
|
523
|
Debt |
304
|
327
|
299
|
320
|
411
|
395
|
Total assets |
618
|
648
|
625
|
679
|
887
|
918
|
Solvency |
50.81
|
49.54
|
52.16
|
52.87
|
53.66
|
56.97
|
Cash |
1
|
0
|
0
|
0
|
1
|
2
|
Cashflow |
24
|
23
|
30
|
30
|
32
|
47
|
Employees |
21
|
21
|
21
|
21
|
0
|
|
Revenue per employee |
1.90
|
2.19
|
2.14
|
2.05
|
0.0
|
|
Cashflow / Debt |
0.08
|
0.07
|
0.10
|
0.09
|
0.08
|
0.12
|
Details |
2016
|
2017
|
2018
|
2019
|
2020
|
---|---|---|---|---|---|
Price |
23.25
|
22.81
|
21.46
|
20.60
|
25.60
|
Eps |
1.00
|
1.00
|
1.00
|
1.00
|
2.00
|
Price/earnings-ratio |
23.25
|
22.81
|
21.46
|
20.60
|
10.43
|
Dividend |
1.00
|
0.0
|
0.0
|
0.0
|
1.00
|
Dividend % |
4.30 %
|
0.00 %
|
0.00 %
|
0.00 %
|
4.80 %
|
Payout % |
1.00
|
0.0
|
0.0
|
0.0
|
0.50
|
Book value |
18.86
|
18.53
|
18.61
|
19.60
|
21.21
|
Market to book |
0.81
|
0.81
|
0.87
|
0.95
|
1.02
|
Cashflow per stock |
1.35
|
1.71
|
1.56
|
1.32
|
1.91
|
Stocks |
17
|
18
|
19
|
24
|
25
|
Market Cap |
395.68
|
401.22
|
413.94
|
500.35
|
514.10
|
Date
|
Price
|
---|---|
25 Jun 2025
|
20.85
|
20 Jun 2025
|
20.85
|
07 Jun 2025
|
20.85
|
03 Jun 2025
|
20.85
|
28 May 2025
|
20.85
|
27 May 2025
|
20.85
|
19 May 2025
|
20.85
|
09 May 2025
|
20.85
|
01 May 2025
|
20.85
|
29 Apr 2025
|
20.85
|
22 Apr 2025
|
20.85
|
09 Apr 2025
|
20.85
|
08 Apr 2025
|
20.85
|
03 Apr 2025
|
20.85
|
30 Mar 2025
|
20.85
|
27 Mar 2025
|
20.85
|
26 Mar 2025
|
20.85
|
20 Mar 2025
|
20.85
|
15 Mar 2025
|
20.85
|
12 Mar 2025
|
20.85
|
01 Mar 2025
|
20.85
|
25 Feb 2025
|
20.85
|
23 Feb 2025
|
20.85
|
18 Feb 2025
|
20.85
|
13 Feb 2025
|
20.85
|
12 Feb 2025
|
20.85
|
07 Feb 2025
|
20.85
|
05 Feb 2025
|
20.85
|
02 Feb 2025
|
20.85
|
21 Jan 2025
|
20.85
|