EPRA Key figures

For a detailed calculation of the key figures see the lexicon and APM terminology document.

 31.03.201931.03.2018 31.12.201831.12.201731.12.201631.12.2015

EPRA earnings (in € per share) (Group share)

0,380,36 1,631,58

1,75

1,90

EPRA NAV (in € per share)

20,3320,11 19,8819,62

19,60

20,09

EPRA NNNAV (in € per share)

19,7119,80 19,4919,2819,0819,47

EPRA Net Initial Yield (NIY) (%)

6,0%6,0% 6,2%6,0%6,4%6,6%

EPRA Topped-up NIY (%)

6,3%6,2% 6,4%6,2%6,6%7,0%

EPRA Vacancy rate (%)

7,1%13,9% 6,7%13,8%9,4%11,5%

EPRA cost ratio (including direct vacancy costs) (%)*

23,0%25,6% 17,4%20,6%16,8%15,4%

EPRA cost ratio (excluding direct vacancy costs) (%)*

21,6%23,1% 16,2%19,1%15,8%13,7%

 

* The practice of IFRIC 21 where levies imposed by a government such as property taxes are fully accounted as debt and cost on the balance sheet and the income statement at the beginning of a financial year largely influences the level of the EPRA cost ratio during the financial year.