Building trust through our track record and our conduct
Q3 2024 Update
Our Fund delivered a positive total return for the second consecutive quarter in Q3, which is vindication of our conviction that we are now on are now on the cusp of the next real estate cycle. We collected 100% of rent in the quarter, which enabled the payment of a cash dividend of €26.3 million or €11.75 per share. This represents a 2% increase in the dividend.
Outperforming industry benchmarks
We have outperformed the MSCI Total Property Return benchmark across the last 20 years, demonstrating our consistent ability to deliver value for our shareholders.
2023 Responsibility Report
Our 2023 Responsibility Report outlines the progress we have made in developing and managing an increasingly sustainable portfolio.
2023 Year in Review
We pride ourselves on providing the very best workplaces in Europe - not just for our shareholders and occupiers, but also for our neighbours, our city and our planet. We look on every investment and development project as an opportunity to add joy and vibrancy to the daily lives of the people who work there, and positively contribute to the wider local community by regenerating and revitalising our city.
2023 Financial Statements
Despite the macroeconomic backdrop and the interest rate-fuelled capital value movements in our sector during 2023, we achieved full rent collection, added €6.5 million in new rental income, and paid a dividend of €107 million, all while maintaining one of the lowest loan-to-value rates in the industry.