Sustainable development report 2017

17 / 68

MANAGEMENT & POLICY (IN %)
IMPLEMENTATION & MEASUREMENT (IN %)
100
50
0
0 50 100
\\ 15
First listing on the Euronext Vigeo Eiris - Eurozone 120 index
with an average overall score of 56%.
FINANCE
Allocation of all capital
collected (55 million EUR) via
the Green & Social Bonds’ issue
Optional dividend: 41 %
of dividends reinvested
in new ordinary shares
(33.2 million EUR capital
increase)
Renewal of several credit lines
Extension of the maturity of
a 300 million EUR syndicated
loan
Redemption of the non-
convertible bonds issued in
2013
MARKET CAPITALISATION
2.3 billion EUR
compared to 2.3 billion EUR at 31.12.2016
AVERAGE COST OF DEBT
1.95 %
compared to 2.4 % at 31.12.2016
STANDARD & POOR’S RATING
BBB
Stable outlook for the long term and
A-2
for the short term
AVERAGE DEBT
MATURITY
4.7years
compared to 4.8 years at 31.12.2016
COMMUNICATION
EXTRA-FINANCIAL RANKINGS
2017 score
EPRA1 - Gold
GRESB2 - 66 %
Standard Ethics
www.standardethics.eur
EE+
Vigeo Eiris 12/373 (49 %4)
1European Public Real Estate Association.
2 Global Real Estate Sustainability Benchmark.
3 Vigeo Eiris ranking compared to the reference sector.
4 Absolute Vigeo Eiris score.
5 All intellectual property rights for this graph belong to GRESB BV (GRESB) exclusively. All rights reserved. GRESB
assumes no liability whatsoever for any losses, damages, costs or expenses incurred as a result of the use of, or reference
to, any information attributed to it.
OUR POSITION IN THE GRESB BENCHMARK5
We took part in the GRESB benchmark for the fifth time and reached our objective, which
is to be ranked above 50% in terms of implementation. With respect to our sustainable
development policy, we ranked second (97 %) among 20 European listed companies with
a diversified portfolio which took part in the benchmark. We are now a Green Star based
on our overall score.
We also took part in the GRESB 'Health and well-being' module for the first time.
Peers
GRESB average
Peers average
Cofinimmo 2013-2017
Evolution 2013-2017