Industrial
| |
France |
Total |
| Lettable floor area (x 1000 m2) |
94 |
94 |
| Occupancy rate (financial) % |
100% |
100% |
| Value of operating portfolio (€ million) |
60.6 |
60.6 |
| Total theoretical rent (€ million) |
5.9 |
5.9 |
| Theoretical rent per m2 per year (€) |
63 |
63 |
Since the disposal of the Dutch industrial, the industrial portfolio has consisted only of a number of properties in France. No changes occurred in the French portfolio, as a result of which the ‘like-for-like’ rental growth of properties that were operational in both 2007 and 2008 amounted to 3.8%.
| Home markets (€ million) |
2008 |
2007 |
% |
| Netherlands |
0.4 |
2.8 |
-88.4 |
| France |
5.9 |
5.8 |
3.8 |
| Activities to be discontinued |
6.2 |
8.9 |
-29.6 |
| Total |
12.5 |
17.5 |
-28.0 |
The occupancy rate of the industrial portfolio fell from 98.1% to 98.0%. A major lease contract will expire in France in 2010.
Source: Annual Report 2008, Chapter Review of operations, page 42 (PDF, 2,1 MB)
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