Wereldhave NV expected to Report Fiscal Year 2009 Results on March 3, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Charles Bloema, Corporate Treasurer of Wereldhave NV said that the firm will explore various takeover opportunities in the coming months or at the beginning of 2010. He said that there are too many players on the real estate market which will be forced to sell assets to repay loans. The future investments of the firm may be channeled mainly into non-US markets.

Wereldhave NV reported earnings results for the first half year ended June 30, 2009. The result for the first half year of 2009 was negative of EUR 13.9 million or EUR 0.78 loss per share against profit of EUR 52.4 million or EUR 2.32 per share for the same period last year. The decrease in result is due to a negative property revaluation in all countries. The total revaluation was negative of EUR 82.7 million against positive of EUR 0.1 million. Exchange rate differences had a positive effect of EUR 2.6 million on the result. The direct result for the first half year of 2009 amounts to EUR 58.6 million, which is EUR 4.6 million higher compared to 2008. The direct result per share increased by 8.2% to EUR 2.63 against EUR 2.43 for the same period in 2008. The net operational result for the first half year amounted to EUR 67.1 million against EUR 67.4 million for the same period last year. The indirect result for the first half year of 2009 was negative of EUR 72.5 million against negative of EUR 1.6 million for the same period in 2008. The EUR 82.7 million negative revaluation is the main reason for the decrease. The property portfolio was revalued negative by EUR 81.0 million the revaluation of financial instruments amounts to negative of EUR 1.7 million. The revaluation represents 3.1% of the value of the portfolio, spread over all countries and sectors. Lower property values resulted in a decrease of deferred taxes, which had a EUR 13.3 million positive effect on the indirect result.