Key information in 2018 All amounts in € thousands unless otherwise stated Highlights 2018€ 90 million invested, no divestmentsNo new investors in 2018Acquisition of new office development project Central Park, UtrechtLong-term lease renewal of major lease for Centre Court (The Hague) Total of new and renewed leases for 68,305 m2 with an annual rent of € 14,374,925Cultural Heritage Agency approval of Masterplan for WTC RotterdamImproved control of redevelopment projects Building 1931 and Building 1962 in Amsterdam Performance per share Performance per share20182017Dividends (in €)52.9859.81Net earnings (in €)266.98277.97Net asset value IFRS (in €, at year-end)2,506.332,295.87Net asset value INREV (in €, at year-end)2,511.102,306.55 Statement of financial position Statement of financial position20182017Total assets782,645644,945Total shareholders’ equity771,241631,446Total debt from credit institutions-- Result Result20182017Net result75,96271,746Total Expense Ratio (TER)0.55%0.54%Real Estate Expense Ratio (REER)2.51%3.20% Fund return PERCENTAGE Total fund return 2018: 11.5% Total fund return 2017: 13.1% Property performance (all properties) Portfolio movements Financial occupancy rate Portfolio figures Portfolio figures20182017Investment property (in € 1,000)536,054468,661Investment property under construction (in € 1,000)210,857127,432Gross initial yield6.8%8.0%Total number of properties1817Average rent per square metre per year (in €)177180Financial occupancy rate (average)89.2%86.3%Sustainability (A, B or C label)73.0%73.1%