Key figures
Property key figures (as at 31.12.2019) |
31.12.2019 | 31.12.2018 |
Fair value of portfolio (in € million) | 2 788.6 | 2 655.3 |
Spot occupancy rate of properties available for lease (in %)(a) | 94.4 | 94.5 |
Weighted average duration of current leases up to next break (in years)(a) | 7.1 years(b) | 7.0 years(b) |
Weighted average duration of current leases up to final expiry (in years)(a) | 7.8 years | 7.8 years |
Gross initial yield on properties available for lease (in %)(a) | 5.4 | 6.0 |
Gross potential yield on properties available for lease (in %)(a) | 5.6 | 6.3 |
Gross initial yield of the investment properties (in %)(a) | 4.6 | 5.5 |
EPRA Vacancy Rate(c) | 4.1% | 4.3% |
EPRA Net Initial Yield (NIY) | 4.9% | 5.7% |
EPRA Topped-up NIY | 5.1% | 5.8% |
Financial key figures (as at 31.12.2019) |
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Consolidated | 31.12.2019 | 31.12.2018 |
Number of shares issued | 28 445 971 | 25 579 214 |
Number of shares not held by the group | 27 052 443 | 25 579 214 |
Average number of shares not held by the group during the period | 25 676 219 | 25 579 214 |
Shareholders' equity attributable to shareholders (in € million) | 1 603.9 | 1 443.2 |
Net asset value (in € per share) | 59.29 | 56.42 |
EPRA NAV(d) (in € per share) | 60.80 | 57.02 |
EPRA NNNAV(d) (in € per share) | 58.54 | 55.93 |
Net result (in € per share) | 6.95 | 3.24 |
EPRA earnings (in € per share) | 3.29 | 3.68 |
Average (annualised) financing cost(f) (in %) | 2.0% | 2.0% |
Weighted average duration of debts (in years) | 4.4 | 4.8 |
Debt ratio according to the Royal Decree (in %) | 42.7% | 45.8% |
Loan-to-value(g) (in %) | 39.0% | 43.6% |
Return on shareholders' equity(h) (in € per share) | 6.47 | 3.24 |
Return on shareholders' equity(h) (in %) | 11.6% | 5.8% |
Real-estate operator activity | ||
Net result (in € per share) | 7.03 | 3.24 |
EPRA earnings (in € per share) | 3.26 | 3.68 |
EPRA Like-for-Like net rental growth(e) (in %) | 4.7% | 2.4% |
Share key figures (as at 31.12.2019) |
31.12.2019 |
31.12.2018 |
Number of shares issued | 28 445 971 | 25 579 214 |
Number of shares not held by the group | 27 052 443 | 25 579 214 |
Average number of shares not held by the group during the period | 25 676 219 | 25 579 214 |
Highest share price (in €) | 59.40 | 54.60 |
Lowest share price (in €) | 47.35 | 46.70 |
Closing share price (in €) | 54.10 | 48.55 |
Number of shares traded(i) | 17 395 988 | 12 356 776 |
Average daily volume(i) | 67 953 | 48 458 |
Free float velocity(i) | 87% | 66% |
Distribution ratio (in relation to the EPRA earnings) | 106% | 94% |
Gross dividend(j) (in € per share) | 3.45 | 3.45 |
Gross yield(k) | 6.4% | 7.1% |
Return on share price(l) | 18.7% | -2.9% |
Environmental key figures(m) (as at 31.12.2019) |
31.12.2019 | 31.12.2018 | 31.12.2017 |
Gas | Normalised direct energy consumption (kWh/m²) | 69.6 | 72.9 | 71.4 |
Electricity | Indirect energy consumption | |||
- Consumption common areas (kWh/m²) | 30.8 | 34.0 | 33.7 |
- Consumption private areas (kWh/m²) | 39.8 | 40.0 | 41.9 |
Water | Consumption (l/m²) | 265.0 | 249.0 | 254.0 |
CO2 | Direct and indirect energy emissions (kg CO2e/m²) | 13.8 | 14.6 | 14.3 |