Key information over five years

Statement of financial position

Total assets

536,257

567,043

579,982

477,308

509,516

Total shareholders’ equity

525,988

554,723

565,113

469,201

501,187

Total debt from credit institutions

-

-

-

-

-

Performance per share

Dividends (in €)

73.18

88.22

129.43

136.91

150.2

Net earnings (in €)

118.22

15.06

3.01

(6.29)

3.42

Net asset value IFRS (in €, at year-end)

2,084.17

2,038.11

2,113.01

2341.19

2505.94

Net asset value INREV (in €, at year-end)

2,101.63

2,059.70

2,140.47

2341.69

2506.94

Result

Net result

30,506

4,034

612

(1,260)

683

Total Expense Ratio (TER)

0.55%

0.58%

0.54%

0.58%

0.54%

Real Estate Expense Ratio (REER)

2.66%

2.93%

2.25%

1.70%

1.69%

Fund return

Income return

3.6%

4.2%

5.7%

5.6%

5.9%

Capital growth

1.9%

(3.7)%

(5.6)%

(5.9)%

(5.8)%

Total Fund return

5.5%

0.5%

0.1%

(0.3)%

0.1%

Portfolio figures

Investment property

458,762

478,197

553,353

445,979

473,249

Investment property under construction

44,645

-

6,201

-

-

Gross initial yield

6.7%

6.4%

8.2%

7.9%

7.6%

Total number of properties

16

16

30

25

25

Average monthly rent per square metre (in €)

183

178

169

180

182

Financial occupancy rate (average)

81.3%

80.1%

89.9%

90.4%

91.4%

Sustainability (A, B or C label)

73.0%

66.6%

85.5%

79.9%

85.5%

Property performance (all properties)

Direct property return

4.5%

4.9%

6.6%

6.7%

6.8%

Indirect property return

2.4%

(3.4)%

(5.3)%

(6.1)%

(5.8)%

Total property return

7.0%

1.4%

1.3%

0.7%

1.0%

IPD Property Index office real estate (all properties)

Direct return IPD Property Index

5.5%

6.0%

6.7%

6.8%

6.5%

Indirect return IPD Property Index

4.0%

(2.2)%

(3.5)%

(9.4)%

(8.5)%