Key Figures

2018
jan-jun

Number of apartments
47,733
Rentable area, thousand sqm
3,242
 
Vacancy rate residential, percent
8.5
Real vacancy rate residential, percent
1.1
Net letting, rental value, EUR million
-0.7
 
Fair value properties, EUR million
11,225
Fair value, per sqm
3,463
Capitalization rate, percent
3.61
Discount rate, percent
5.60
 
Cities
Percent of fair values
Berlin
23
Stockholm
18
Malmö
8
Hamburg
8
London
8
Toronto
7
New York
7
Boston
4
Montreal
4
Copenhagen
3
Paris
3
Cologne-Düsseldorf
3
Frankfurt-Mainz
2
Munich
2
Washington D.C.
1
Other
1
 
Total property return, per year, percent
9.7
Whereof net operating income, percentage points
2.4
Whereof change in fair value, percentage points
7.3

Comparable properties
 
Growth in rental income for comparable properties, percent
3.4
Growth in net operating income for comparable properties,
percent
6.2
 
Equity to assets ratio, percent
45
Loan-to-value, percent
40
Loan-to-value, secured loans, percent
16
 
Debt maturity, year
5.5
Loans maturing whithin one year, EUR million
245
Liquidity, EUR million
650

Interest coverage ratio

4.1
Interest coverage ratio excluding realized value growth
1.8
Average interest rate, percent
2.64
Fixed interest term, year
5.2
 


Key figures 2004-2018 in Excel