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Investment properties - Rental data
1
(x 1,000 EUR)
2015
Segment
Gross rental
income for the
period
2
Net rental
income for
the period
Available
rental space
(in m²)
Passing rent
at the end of
the period
ERV
3
at the end
of the period
Vacancy rate at
the end of the
period
Healthcare real estate
88,942
88,468
660,316
84,752
87,226
0.83%
Healthcare real estate Belgium
54,247
53,786
376,785
48,139
46,519
0.00%
Healthcare real estate France
24,897
24,895
210,544
24,897
29,368
2.38%
Healthcare real estate Netherlands
6,730
6,719
50,253
7,035
6,658
0.31%
Healthcare real estate Germany
3,068
3,068
22,734
4,681
4,681
0.00%
Offices
86,876
83,134
635,787
85,937
92,842
10.66%
Property of distribution networks
37,567
37,566
417,111
37,616
35,620
2.15%
Pubstone Belgium
19,630
19,629
309,557
19,672
18,225
1.49%
Pubstone Netherlands
10,218
10,218
47,953
10,178
9,092
2.60%
Cofinimur I France
7,719
7,719
59,601
7,766
8,303
3.13%
Other
2,031
1,961
15,830
1,915
1,772
0.00%
TOTAL PORTFOLIO
215,416
211,129 1,729,044
210,220
217,460
5.23%
Investment properties - valuation data
4
(x 1,000 EUR)
2015
Segment
Fair value of
the portfolio
Changes in the
fair value over
the period
EPRA Net
Initial Yield
Changes in fair
value over the
period (%)
Healthcare real estate Belgium
1,315,567
20,485
6.16%
1.59%
Healthcare real estate Belgium
770,419
10,733
6.05%
1.41%
Healthcare real estate France
378,825
3,354
6.14%
0.89%
Healthcare real estate Netherlands
99,242
4,258
6.84%
4.50%
Healthcare real estate Germany
67,081
2,140
6.51%
3.43%
Offices
1,195,625
-30,201
5.65%
-2.46%
Property of distribution networks
536,476
1,229
6.25%
0.23%
Pubstone Belgium
273,326
-418
6.28%
-0.15%
Pubstone Netherlands
147,117
-2,783
6.31%
-1.86%
Cofinimur I France
116,033
4,430
6.12%
3.97%
Other
25,141
655
6.29%
2.67%
TOTAL PORTFOLIO
3,072,809
-7,832
5.98%
-0.25%
Reconciliation with IFRS consolidated income statement
Investment properties under development
61,544
-788
TOTAL
3,134,353
-8,620
1
For more details on the rental data, refer to the property report on page 97.
2
Writeback of lease payments sold and discounted included.
3
ERV = estimated rental value.
4
For more details on the valuation data, refer to the management report in the “Healthcare Real Estate” section on page 48, the “Offices” section on page 58 and the “Property of
Distribution Networks” section on page 66.
144
Data according to the EPRA Principles