Outperformance of the MSCI Netherlands “All Residential” benchmark on both direct return (+0.2%) and indirect return (+0.8%).
Like-for-like rent increase of 2.8% versus inflation of 1.3% (December y-o-y).
Average occupancy rate remained high at 97.9% in 2017, unchanged from 2016. The occupancy rate was 97.6% at year-end 2017, compared with 97.8% at year-end 2016.
853 new build units added to the committed pipeline in 2017. The committed pipeline amounted to 2,272 residential units at year-end 2017, representing an indicative market value at completion of €566 million.
507 individual residential units were sold, generating net proceeds of €13 million (net margin of 15.9%).
332 residential units added to the investment portfolio from acquisitions pipeline.
Positive revaluation of 12.7%; fourth consecutive year of positive revaluations after six years of negative revaluations.