Building trust through our track record and our conduct
Q4 2020 Update
The Fund NAV currently stands at €2.7 billion delivering a total shareholder return of 2.2%. Our resilient performance in 2020 is underpinned by upper quartile rental collection of over 97%, resulting in a dividend payment of €102.5 million for the year. This equates to €41.50 per share which is a yield of 3.8%. Other highlights include the re-letting of vacant units at Carrickmines and Mahon Retail Parks to Dealz and Equipet respectively, securing €655,000 of income for the fund. In addition, we achieved a 4 star rating from GRESB for both standing investment and developments.
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.
2019 Annual Report
Highlights of the year include the pre-let of the entire office development at Wilton Park to LinkedIn; further progress on our sustainability journey, including a range of new environmental targets, and becoming the first Irish property company to sign the UN Principles for Responsible Investment.
