Key figures

 

 
 2011

2010
Results (x €1,000)
    
Gross rental income
 119,964

103,170
Net rental income
 101,497

88,685
 
    
Direct investment result
 56,030

52,398
Indirect investment result
 6,675

- 27,314
Result after tax
 62,705

25,084
 
    
Occupancy rate (in %)
 84.1

90.0
 
    
Balance sheet data (x €1,000)
    
Real estate investments
 2,321,813

1,360,689
Shareholder’s equity
 909,620

581,626
Net debts to credit institutions 
(excluding derivatives)
 781,218

744,188
 
    
Loan-to-value 
(debts to credit institutions/ real estate investments in %)
 57.2

54.8
 
    
Issued share capital
    
Ordinary shares with a nominal value of €0.46
 60,282,917

43,286,677
Average number of outstanding ordinary shares during period under review
 46,978,800

41,561,680
 
    
Data per average outstanding ordinary share (x €1)
    
Direct investment result
 1.19

1.26
Indirect investment result
 0.14

- 0.66
Total investment result
 1.33

0.60
 
    
Data per share (x €1)
    
Dividend
 1.19

1.26
Net asset value  
(before profit sharing)
 12.96

13.44
Net asset value according to EPRA
 14.02

14.11
     
Average stock-exchange turnover
(shares per day, without double counting)
 77,675

58,713
Highest price
 15.34

16.00
Lowest price
 8.28

13.25
Last price
 9.45

14.98