MERLIN Properties Annual Report 2017 / English

ı 43 ı Annual Report 2017 MERLIN portfolio has been appraised by CBRE and Savills, for a total GAV of € 11,254m. GAV breakdown is the following: PORTFOLIO VALUATION Sqm € million €/sqm AG Gross yield Offices 1,267,344 5,219 4,118 4.1% Shopping centers 488,304 1,753 3,589 5.3% Logistics 960,825 648 674 6.6% High Street retail 459,981 2,348 5,104 4.4% Land under development 661,592 455 688 Other 481,476 411 853 4.2% Total 4,319,522 10,883 2,508 4.6% Equity method stakes 421 Total 11,254