Real estate portfolio in figures

WHAT WE DO

Our real estate portfolio in figures

Our projects provide a warm home to residents in Belgium, The Netherlands, Spain and Ireland. Below is a financial snapshot of our healthcare portfolio.

Key figures real estate portfolio

Evolution rental income: finance leases versus investment properties 

This graph shows the evolution of our rental income, making a distinction between income from investment properties and income from finance leases. The latter mainly relates to the portfolio built up until 2014 with local Public Social Welfare Centres (OCMWs) and non-profit associations (NPOs/vzw)
Rental income increases from €9.5 million in HY 2017 to €41.0 million in HY 2026, while investment properties account for 79.6%.
Evolution of rental income

Period

Total rental income in K EUR

Investment properties in %

Finance leases in %

HY 2017

9,461.55

27

73

HY 2018

12,313.41

42

58

HY 2019

14,400.03

47

53

HY 2020

16,943.48

54

46

HY 2021

20,612.88

62

38

HY 2022

25,543.75

67

33

HY 2023

32,324.18

72

28

HY 2024

34,345.57

74

26

HY 2025

36,598.61

76

24

HY 2026

40,995.975

80

20

Evolution fair value real estate portfolio per country (nominal)

Our company is currently active in Belgium, The Netherlands, Spain and Ireland. This graph provides insight into the size and composition of our international real estate portfolio based on fair value, and helps identify the most important markets and the overall distribution of our investments.
Evolution fair value real estate portfolio per country (nominal)

Period

Belgium - in M EUR

Netherlands - in M EUR

Spain - in M EUR

Ireland - in M EUR

2017

434

0

0

0

2018

511

10

0

0

2019

586

58

0

0

2020

709

108

5

0

2021

781

141

64

0

2022

744

204

96

87

2023

818

230

110

87

2024

796

236

113

95

2025

925

249

122

95

HY 2026

917

249

130

95

Evolution fair value real estate portfolio per country (in %)

Our company is currently active in Belgium, The Netherlands, Spain and Ireland. This graph provides insight into the size and composition of our international real estate portfolio based on fair value, and helps identify the most important markets and the overall distribution of our investments.

Stacked chart: in HY 2026, the portfolio’s fair value is distributed across Belgium 66%, The Netherlands 18%, Spain 9% and Ireland 7%.
Evolution fair value real estate portfolio per country (in %)

Period

Belgium - in %

The Netherlands - in %

Spain - in %

Ireland - in %

2017

100

0

0

0

2018

98

2

0

0

2019

91

9

0

0

2020

86

13

1

0

2021

79

14

6

0

2022

66

18

8

8

2023

66

18

9

7

2024

64

19

9

8

2025

66

18

9

7

Q1 2026

66

18

9

7

Key figures by geographical target market - HY 2026

Total portfolio

1.39 mld €
total fair value
160
healthcare projects
8,436
residential units
41.0 mln €
rental income
94.57 %
effective occupancy rate

Belgian portfolio

917 mln €
total fair value
116
healthcare projects
5,868
residential units
27.9 mln €
rental income
94.07 %
effective occupancy rate

Dutch portfolio

249 mln €
total fair value
28
healthcare projects
846
residential units
7.0 mln €
rental income
92.50 %
effective occupancy rate

Spanish portfolio

130 mln Euro
total fair value
9
healthcare projects
1,168
residential units
3.3 mln €
rental income
97.70 %
effective occupancy rate

Irish portfolio

95 mln €
total fair value
7
healthcare projects
554
residential units
2.8 mln €
rental income
95.54 %
effective occupancy rate