Wereldhave NV (GB:0NMR) has released an update.
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Wereldhave NV reports that its exposure to Blokker, which requested a suspension of payment, represents only 0.7% of its consolidated annual rent roll. The company is confident about quickly re-leasing the seven affected locations, two of which are already in progress with new tenants. This transition allows Wereldhave to enhance its tenant mix and cash flow quality, leveraging the prime locations of the former Blokker stores.
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