GEP's property portfolio comprises of €3.1 billion of logistics assets, as at 30 September 2018.
The portfolio offers attractive scale, quality and diversity with the following key attributes (as at 30 September 2018):
- Portfolio of 112 modern and prime logistics assets
- Well diversified Pan-European logistics portfolio across 10 countries
- Portfolio weighted to core markets of Germany, France, Poland, Belgium and the Netherlands (89.2%)
- Portfolio has limited exposure to Southern Europe (1.6%), and no exposure to Portugal or Greece
- More than 100 different customers with only three customers accounting for more than 5% of rental income
- Stabilised portfolio’s occupancy rate of 96.7%
- Stabilised portfolio’s weighted average lease expiry (to first break) of 4.8 years (by income)
- Minimal exposure to enhanced return assets (land and on-balance sheet development activities)
Geographic Diversification (by value)
Sector Diversification (by income)
