Overall satisfaction of tenants improved to 6.8 (benchmark 2018: 6.7).
Outperformance of the three-year MSCI IPD Netherlands Residential Benchmark both in terms of direct return (+0.2%) and capital growth (+0.5%).
Like-for-like rent increase of 2.7% versus inflation of 2.0% (December y-o-y).
Average occupancy rate remained high at 97.5% in 2018, compared with 97.9% over 2017. Occupancy rate was 97.5% at year-end 2018, compared with 97.6% at year-end 2017.
Acquired 6,863 residential units in 2018 of which 6,777 as a portfolio acquisition (former Delta Lloyd portfolio, including pipeline).
Sold 2,229 residential units, 322 of which in individual unit sales, 35 units as a complex sale and 1,872 as a portfolio sale, generating a total net result of €44 million.
880 new-build units added to the committed pipeline of which 794 as part of the acquisition of the former Delta Lloyd portfolio. Committed pipeline stood at 1,433 residential units at year-end 2018, representing an indicative market value at completion of €403 million.
Added 7,584 residential units to the investment portfolio, of which 1,598 residential units from the acquisitions pipeline, 5,983 existing properties related to the acquisition of the former Delta Lloyd portfolio and 3 homes due to a reclassification.
Strengthened position in the mid-rental segment and primary regions.
Positive revaluation of 13.5%.