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2015 at a glance

Key financial information in 2015

All amounts in € thousands unless otherwise stated

Highlights 2015

  • Accelerated optimisation of the portfolio

  • Dividend return of 4.2%

  • Sale of 15 non-core assets

  • Started upgrade of Plaza in WTC The Hague

  • Completion of redevelopment Valina offices in Amsterdam

  • First foreign investor as French insurance firm invests € 10 million through advisor Amundi Real Estate

  • Total new and renewed leases of 43,353 m² and an annual rent of € 6.5 million

  • Rent in arrears of 1.2%

  • GRESB 'Green Star' status for second successive year

Portfolio at a glance

Performance per share

Performance per share

2015

2014

Dividends (in €)

88.22

129.43

Net earnings (in €)

15.06

3.01

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

2,038.11

2,113.01

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

2,059.70

2,140.47

Statement of financial position

Statement of financial position

2015

2014

Total assets

567,043

579,982

Total shareholders’ equity

554,723

565,113

Total debt from credit institutions

-

-

Result

Result

2015

2014

Net result

4,034

612

Total Expense Ratio (TER)

0.58%

0.54%

Real Estate Expense Ratio (REER)

2.93%

2.25%

Fund return

PERCENTAGE

Total fund return 2015: 0.5%

Total fund return 2014: 1.2%

Portfolio figures

Portfolio figures

2015

2014

Investment property

478,197

553,353

Investment property under construction

-

6,201

Gross initial yield

6.4%

8.2%

Total number of properties

16

30

Average monthly rent per square metre (in €)

178

169

Financial occupancy rate (average)

80.1%

89.9%

Sustainability (A, B or C label)

66.6%

85.5%

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