Wereldhave Belgium is a public regulated real estate company (OGVV) under Belgian law, focusing on commercial real estate in Belgium and Luxembourg. The Company focuses on new investments in retail real estate (mainly in shopping centres and retail parks). The value of the real estate investment portfolio, including project developments, amounted to 994.3 million on 31 December 2024. The existing operational retail portfolio of 884.6 million (excluding project developments) includes shopping centres in Kortrijk, Tournai, Liege, Nivelles, Genk, and Waterloo, and retail parks in Tournai, Bruges, and Turnhout. In addition, the portfolio of real estate investments offices in Vilvoorde and Antwerp, which amount to 102.7 million on 31 December 2024. The development portfolio of 7.0 million includes the land positions in Nijvel. The Company aims to create value through active management of shopping centres and retail parks and their (re)development for its own portfolio. The Company maintains direct contact with tenants through its own employees. As a result, the Company knows earlier what is going on with tenants and has access to recent market information. The knowledge gained in this way is also used in (re)development projects.