Building trust through our track record and our conduct
Q2 2022 Update
The total shareholder return for the quarter was 1.53%, driven by an income return of 0.95% and a capital return of 0.58%. The total dividend paid in the quarter remained stable at €26.4 million (€10.50 per share), reflecting a dividend yield of 3.8%.
Highlights in the quarter include the acquisition of 118 acres of logistics land, adjacent to our holding at Nexus Distribution Park, which will enable us grow our exposure to this sector (subject to planning permission). In addition, we achieved practical completion of the first of four buildings under construction at Wilton Park, all which have been pre-let to LinkedIn for its EMEA Headquarters.
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.
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.