ı
72
ı
EPRA YIELDS
(€ thousand)
Office
Shopping
centers
Logistics
High Street
Retail
Gross asset value
2,189,565
683,680
276,500
1,883,908
Exclude:
Land for development
-
-
-
-
Non-core land
-
-
-
-
Commercial Property GAV
2,189,565
683,680
276,500
1,883,908
Gross rents annualized
111,307
40,138
18,967
96,019
Exclude:
Property expenses not recarhed
to tenants
(7,714)
(1,299)
(609)
-
“Topped-up” net rents
annualized
103,593
38,839
18,358
96,019
Exclude:
Incentives and collection loss
(415)
(1,687)
(283)
-
Net rents annualized
103,178
37,152
18,075
96,019
EPRA “topped-up” yield
4.7%
5.7%
6.6%
5.1%
EPRA “topped-up” yield
4.7%
5.4%
6.5%
5.1%




