GEP's property portfolio comprises of €3.3 billion of logistics assets, as at 31 December 2018.
The portfolio offers attractive scale, quality and diversity with the following key attributes (as at 31 December 2018):
- Portfolio of 117 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 (89.8%)
- More than 100 different customers with only three customers accounting for more than 5% of rental income
- Stabilised portfolio’s occupancy rate of 97.5%
- 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)
