Key information over five years

2015

2014

2013

2012

2011

Statement of financial position

Total assets

747,515

689,847

615,525

593,034

527,071

Total shareholders’ equity

738,335

670,322

605,784

586,102

521,508

Total debt from credit institutions

-

-

-

-

-

Performance per share

Dividends (in €)

108.84

115.68

127.98

140.48

142.50

Net earnings (in €)

116.48

46.76

203.15

98.37

180.75

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

2,537.12

2,527.09

2,594.04

2,571.55

2,577.26

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

2,547.83

2,544.13

2,608.41

2,587.76

2,585.68

Result

Net result

32,150

11,185

47,149

22,421

36,574

Total Expense Ratio (TER)

0.53%

0.57%

0.57%

0.55%

0.56%

Real Estate Expense Ratio (REER)

0.91%

0.75%

0.78%

0.78%

0.80%

Fund return (% ROE)

Income return

4.4%

4.5%

5.1%

5.7%

5.6%

Capital growth

0.1%

(2.7)%

3.0%

(1.5)%

1.6%

Total Fund return

4.5%

1.8%

8.1%

4.2%

7.2%

Portfolio figures

Investment property

526,093

446,309

459,830

474,978

435,571

Investment property under construction

193,051

207,867

146,945

84,477

68,834

Gross initial yield

6.8%

7.0%

6.9%

6.7%

6.6%

Total number of properties

42

41

39

38

22

Average monthly rent per square metre (in €)

225

219

210

207

204

Financial occupancy rate (average)

94.2%

94.4%

92.9%

95.1%

96.8%

Sustainability (A, B or C label)

88.0%

79.1%

60.1%

35.8%

-

Property performance (all properties)

Direct property return

5.0%

5.3%

5.9%

6.3%

6.5%

Indirect property return

0.3%

(2.6)%

3.0%

(1.5)%

1.6%

Total property return

5.3%

2.7%

8.9%

4.8%

8.1%

IPD Property Index retail real estate (all properties)

Direct return IPD Property Index

5.8%

6.1%

6.0%

6.0%

6.2%

Indirect return IPD Property Index

(1.9)%

(3.8)%

(4.4)%

(1.8)%

1.4%

Total return IPD Property Index

3.8%

2.0%

1.3%

4.0%

7.6%