Overview

• Real estate values appear to be bottoming out.
• Ongoing positive rent trend in the core Rental business, with high customer satisfaction levels and virtually full occupancy.
• Higher real estate transaction volumes in the third quarter.

Sustained Earnings

Adjusted EBT*

Maintenance, Modernization and New Construction

Capital Expenditure*

Organic Rent Growth

Organic Rent Increase

Vacancy

Vacancy Rate

Net Assets

EPRA NTA

Fair Value of the Real Estate Portfolio

Fair Value