key figures
properties, MEUR
real vacancy, percent
rent potential, percent
growth in-place rent per sqm, like-for-like, percent
rental income growth, like-for-like, percent
net operating income growth, like-for-like, percent
equity ratio, percent
loan-to-value, percent
secured loan-to-value, percent
unencumbered asset ratio
liquidity, MEUR
cash uses and cash sources, MEUR
debt maturities per year, MEUR
debt maturities, years
fixed interest term per year, MEUR
fixed interest term, years
average interest rate, percent
interest coverage ratio, 12 months
interest coverage ratio, excluding realized value growth, 12 months
for the period January to September 2019
| properties | |
|---|---|
| apartments | 45,806 |
| rentable area, thousand sqm | 3,067 |
| average size, apartments, sqm | 61 |
| real vacancy, percent | 1.0 |
| fair value, MEUR | |
| opening balance | 12,379 |
| revaluations | 365 |
| investments | 328 |
| purchases | 176 |
| sales | -1,181 |
| translation differences | 110 |
| closing balance | 12,177 |
| euro per sqm | 3,971 |
| capitalization rate, percent | 3.66 |
| like-for-like | |
| rental income growth, percent | 5.1 |
| net operating income growth, percent | 3.0 |
| change in required rate of return, percentage points | 0.0 |
| financial | |
| loan-to-value, percent | 40 |
| loan-to-value secured, percent | 16 |
| debt maturity, years | 5.5 |
| liquidity, MEUR | 375 |
| equity and hybrid capital ratio, percent | 50 |
| equity ratio, percent | 46 |
| average interest rate, percent | 2.42 |
| interest coverage ratio, 12 months | 5.3 |
| interest coverage ratio, excluding realized value growth, 12 months | 1.8 |
| profitability | |
| return properties, percent | 6.1 |
| whereof income return | 2.1 |
| whereof value growth | 4.0 |