Key financial information in 2015 All amounts in € thousands unless otherwise stated Highlights 2015Dividend return of 4.4%Total Fund return of 4.5%Outperformance IPD Property Index (1.5%-points) for the fifth year in successionContinued high average financial occupancy rate of 94.2%Total investments of around € 64 millionAs per 1 January 2016, three new investors committed € 55 millionOne new asset and two completed redevelopments added to the portfolioNew and extended lease contracts totalling 32,590 m²; rental value € 9.3 millionNew lease contracts redevelopments totalling 27,616 m²; rental value € 10.4 millionSecured pipeline of € 24 million for 2016GRESB Green Star status for second successive year Portfolio at a glance Performance per share Performance per share20152014Dividends (in €)108.84115.68Net earnings (in €)116.4846.76Net asset value IFRS (in €, at year-end)2,537.122,527.09Net asset value INREV (in €, at year-end)2,547.832,544.13 Statement of financial position Statement of financial position20152014Total assets747,515689,847Total shareholders’ equity738,335670,322Total debt from credit institutions- - Result Result20152014Net result32,15011,185Total Expense Ratio (TER)0.53%0.57%Real Estate Expense Ratio (REER)0.91%0.75% Fund return PERCENTAGE Total fund return 2015: 4.5% Total fund return 2014: 5.1% Property performance (all properties) Portfolio movements Financial occupancy rate Portfolio figures Portfolio figures20152014Investment property526,093446,309Investment property under construction193,051207,867Gross initial yield6.8%7.0%Total number of properties4241Average monthly rent per square metre (in €)225219Financial occupancy rate (average)94.2%94.4%Sustainability (A, B or C label)88.0%79.1%