Feb 23, 2023 / 09:30AM GMT
Jan Van Geet - VGP NV - Founder, CEO & Executive Director
Good morning to everybody, and welcome to our webcast presentation of the full year 2022 financial results. It's been a year of very big turmoil with the war in Ukraine and indexation activities, inflation very high rising. But despite all these macroeconomic effects, VGP, I think, has done a very solid operating performance. We have a strong rental activity seen in 2022 with EUR 73.4 million of signed and renewed leases. So the annualized committed leases are now standing at EUR 303.2 million, an 18.4% increase year-on-year. And that represents also more than 5 million square meters, 5.2 million square meters of leased property throughout Europe.
We have also had a very strong year in terms of deliveries, a record year. We delivered 44 projects to our customers. So they also started to generate rental income that represents a record 1,141,000 square meters. And that also implements that EUR 73.6 million of new leases started generating income from that moment on when they were delivered. We have 26 projects at the year-end under
Full Year 2022 VGP NV Earnings Call Transcript
Feb 15, 2024
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