Wereldhave N.V. (WRDEF)
Wereldhave N.V. operates in the REIT - Retail industry of the Real Estate sector, headquartered in Amsterdam, NL. The stock last traded at $25.75, up 0.00% on the session, giving a market capitalisation of $1.20B. On trailing twelve-month figures it carries a trailing P/E of 12.90, a net margin of 30.1%. Its beta of 0.91 implies it has historically moved less than the broad market.
Wereldhave is actively redefining the concept of shopping centers. We envision our properties as vibrant community hubs, providing spaces where people can engage in commerce, work, relax, and connect with friends and family, rather than merely shop. Our current portfolio comprises 30 owned and operated locations spanning the Netherlands, Belgium, and France. These centers meticulously integrate conventional retail with a broad spectrum of leisure, entertainment, health & beauty, and culinary options. Strategic site selection is paramount, focusing on urban proximity, robust public transport accessibility, and the convenience of complimentary parking. A fundamental aspect of our offering is a substantial food retail component; every center features either a major hypermarket or between two and three supermarkets. We adopt a purposeful, long-term investment strategy. Our objectives are to generate appealing returns for our investors, foster beneficial value for local communities and stakeholders, and systematically enhance the worth of our assets over time. Ultimately, our business operations are profoundly consumer-centric.
Wereldhave N.V. is most often compared with the following Real Estate names: