GEP's property portfolio comprises of € 3.2 billion of logistics assets, as at 31 December 2020.
The portfolio offers attractive scale, quality and diversity with the following key attributes (as at 31 December 2020):
- Portfolio of 84 stabilized prime logistics assets
- Well diversified Pan-European logistics portfolio across 6 countries
- Portfolio (excl. assets held for sale) weighted to core markets in Germany, France, the Netherlands, Belgium and Spain
- More than 100 different customers with only four customers accounting for more than 5% of rental income
- Core stabilised portfolio’s occupancy rate of 98.6%
- Core 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)
