Wereldhave N.V.

Wereldhave N.V. is a Dutch real estate investment company established in 1930, headquartered in Amsterdam, Netherlands. The company's core business revolves around the ownership and operation of commercial properties, primarily shopping centers. Its mission is to create and manage "Full Service Centers" that enhance the daily lives of visitors and foster better business for tenants, serving as comprehensive destinations for shopping, leisure, relaxation, sports, health, work, and other daily needs.

The company's portfolio consists mainly of regional and convenience shopping centers located across the Netherlands, Belgium, Luxembourg, and France. As of the end of 2025, Wereldhave's real estate portfolio had a market value of EUR 2.4 billion, with commercial premises accounting for 96% and offices for 4%. The company currently owns 22 centers, strategically focusing on locations near urban populations.

Recent developments include a positive Q1 2026 trading update, reporting a 2% increase in quarterly direct result per share and a shopping center occupancy rate of 97.5%. In April 2026, Wereldhave acquired retail space in the Overvecht shopping center in Utrecht, Netherlands, and in March 2026, it completed the acquisition of a supermarket unit and full ownership of the Ville2 shopping center in Charleroi, Belgium. The company also refinanced a €250 million revolving credit facility in Q1 2026. Fitch Ratings affirmed Wereldhave N.V.'s Long-Term Issuer Default Rating at 'BBB' with a Stable Outlook on May 1, 2026, citing robust operational performance in 2025, including 98% occupancy and a 6.4% increase in like-for-like net rental income. Matthijs Storm serves as the Chief Executive Officer, with Dennis de Vreede as the Chief Financial Officer.