EPRA indicators

EPRA indicators           31.12.2019 31.12.2018
EPRA earnings in € thousand 83 605 94 139
  in € per share 3.26 3.68
EPRA Cost Ratio Incl. vacancy costs 21.68% 19.69%
  Excl. vacancy costs  20.01% 17.80%
EPRA Like-for-Like Net Rental Growth* in % 4.7% 2.4%
       
EPRA indicators      
EPRA NAV in € thousand 1 644 662 1 458 489
  in € per share 60.8 57.02
EPRA NNNAV in € thousand 1 583 604 1 430 736
  in € per share 58.54 55.93
(i) EPRA Net Initial Yield (NIY) in % 4.93% 5.69%
(ii) EPRA Topped-up NIY in % 5.1% 5.9%
EPRA Vacancy Rate in % 4.1% 4.3%

*Because EPRA doesn’t publish the purpose of the EPRA Like-for-Like Net Initial Yield, Befimmo wrote it.