Building trust through our track record and our conduct

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Q4 2022 Update

Income resilience has been the key theme for IPUT both for the quarter and for 2022. During the year, we saw a 17% increase in our contracted income and 93% of the projected income due to come from the development pipeline is now de-risked through pre-lettings. The total dividend paid in Q4 was €27.7m amounting to €11 per share and reflecting a dividend yield of 3.9%. The dividend increased by 5% for the full year.

On the capital side, the macro-economic picture of high inflation and rising interest rates is impacting real estate values world-wide and has resulted in an expansion in investment yields. IPUT is not immune to these headwinds which are affecting investor sentiment and transaction volumes. As a result, the total shareholder return (TSR) for the quarter was negative at -6.6%, this equates to a full year total TSR of -3.2%.

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2021 Responsibility Report

Our ambition is to create spaces where people thrive; modern, sustainable buildings that set the standard for how we work today.

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2021 Annual Report

Our net asset value (NAV) at 31 December 2021 was €2.7 billion and for the first time our portfolio value exceeded €3 billion, ending the year at €3.1 billion.

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Outperforming industry benchmarks

We have outperformed the MSCI Total Property Return benchmark across the last 20 years, demonstrating our consistent ability to deliver value for our shareholders.

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Publications library

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