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PROPERTY ANALYSIS > Development pipeline |
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property analysis development pipeline |
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Group Development Pipeline |
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Potential Development Starts |
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|
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| |
|
Construction
in Progress |
2008 |
2009 |
2010
& Beyond |
Total
programme |
|
| Land area |
ha |
59 |
126 |
123 |
226 |
534 |
|
| Space: |
|
|
|
|
|
|
| Logistics warehousing |
sq m |
147,349 |
284,656 |
295,732 |
564,408 |
1,292,145 |
| Other Industrial |
sq m |
99,179 |
127,478 |
171,607 |
286,255 |
684,519 |
| Offices |
sq m |
58,293 |
51,769 |
79,877 |
315,559 |
505,498 |
| Retail |
sq m |
1,858 |
1,626 |
4,266 |
0 |
7,750 |
|
| Total |
sq m |
306,679 |
465,529 |
551,482 |
1,166,222 |
2,489,912 |
|
| Investment properties |
% |
72 |
73 |
81 |
68 |
72 |
| Trading properties |
% |
28 |
27 |
19 |
32 |
28 |
|
| Pre-Let |
% |
37 |
11 |
0 |
0 |
7 |
|
| Planning status |
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|
|
|
|
|
| - fully approved |
% |
100 |
26 |
16 |
7 |
24 |
| - zoned/outline approval |
% |
0 |
58 |
72 |
75 |
62 |
|
| Rental value when completed |
£m |
23.1 |
31.2 |
38.7 |
98.6 |
191.6 |
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| Current book value - at valuation |
£m |
166.0 |
114.5 |
130.0 |
251.3 |
661.8 |
| Forecast future costs to completion |
£m |
134.9 |
307.7 |
352.6 |
895.8 |
1,691.0 |
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[ back to top] |
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Anticipated Development Completions |
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2008 |
2009 |
2010 |
2011 |
2012 |
Thereafter |
Total |
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| Space (sq m) |
|
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|
|
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| Construction in progress |
306,679 |
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|
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|
306,679 |
| Potential 2008 starts |
269,498 |
175,171 |
20,860 |
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|
465,529 |
| Potential 2009 & beyond |
|
252,096 |
370,637 |
356,526 |
168,000 |
570,445 |
1,717,704 |
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| Total |
576,177 |
427,267 |
391,497 |
356,526 |
168,000 |
570,445 |
2,489,912 |
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| ERV(£m) |
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| Construction in progress |
23.1 |
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|
23.1 |
| Potential 2008 starts |
11.1 |
17.1 |
3.0 |
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|
31.2 |
| Potential 2009 & beyond |
|
9.9 |
26.9 |
29.4 |
11.5 |
59.6 |
137.3 |
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| Total |
34.2 |
27.0 |
29.9 |
29.4 |
11.5 |
59.6 |
191.6 |
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[ back to top] |
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UK Development Pipeline |
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Potential Development Starts |
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Construction
in Progress |
2008 |
2009 |
2010
& Beyond |
Total
programme |
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| Land area |
ha |
11 |
50 |
24 |
65 |
150 |
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| Space: |
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|
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|
| Logistics warehousing |
sq m |
0 |
13,935 |
27,956 |
10,630 |
52,521 |
| Other Industrial |
sq m |
40,610 |
54,896 |
53,979 |
158,266 |
307,751 |
| Offices |
sq m |
11,015 |
41,769 |
24,497 |
173,455 |
250,736 |
| Retail |
sq m |
1,858 |
1,626 |
4,266 |
0 |
7,750 |
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| Total |
sq m |
53,483 |
112,226 |
110,698 |
342,351 |
618,758 |
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| Investment properties |
% |
95 |
100 |
100 |
100 |
100 |
| Trading properties |
% |
5 |
0 |
0 |
0 |
0 |
|
| Pre-Let |
% |
64 |
26 |
0 |
0 |
10 |
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| Planning status |
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| - fully approved |
% |
100 |
53 |
14 |
17 |
30 |
| - zoned/outline approval |
% |
0 |
15 |
58 |
62 |
48 |
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| Rental value when completed |
£m |
8.2 |
17.2 |
16.0 |
53.2 |
94.6 |
|
| Current book value - at valuation |
£m |
65.2 |
77.7 |
73.3 |
168.2 |
384.4 |
| Forecast future costs to completion |
£m |
52.7 |
182.0 |
140.4 |
460.2 |
835.3 |
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[ back to top] |
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UK Anticipated Development Completions |
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Analysed by year of completion |
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2008 |
2009 |
2010 |
2011 |
2012 |
Thereafter |
Total |
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| Space (sq m) |
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| Construction in progress |
53,483 |
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|
53,483 |
| Potential 2008 starts |
10,555 |
93,671 |
8,000 |
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|
112,226 |
| Potential 2009 & beyond |
|
23,339 |
79,959 |
114,193 |
55,068 |
180,490 |
453,049 |
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| Total |
64,038 |
117,010 |
87,959 |
114,193 |
55,068 |
180,490 |
618,758 |
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| ERV(£m) |
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| Construction in progress |
8.2 |
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|
8.2 |
| Potential 2008 starts |
1.0 |
14.6 |
1.6 |
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|
17.2 |
| Potential 2009 & beyond |
|
1.5 |
13.5 |
18.2 |
7.6 |
28.4 |
69.2 |
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| Total |
9.2 |
16.1 |
15.1 |
18.2 |
7.6 |
28.4 |
94.6 |
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[ back to top] |
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UK Major Land Holdings as at 31 December 2007 |
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Current
book value
(£m) |
Land area
(ha) |
Potential
space to be built
(sq m) |
Anticipated
Development
Period |
|
| Cambridge - Cambridge Research Park |
17.4 |
11 |
45,304 |
2009 to 2017 |
| Crawley - London Road |
17.3 |
3 |
14,000 |
2008 to 2010 |
| Enfield - Ponders End |
12.8 |
5 |
24,498 |
2008 to 2012 |
| Farnborough - IQ Farnborough |
48.8 |
18 |
124,310 |
2009 to 2019 |
| Feltham - North Feltham Trading Estate |
13.7 |
2 |
11,285 |
2007 to 2012 |
| Slough Trading Estate |
56.0 |
9 |
49,445 |
2007 to 2013 |
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| Total |
166.0 |
48 |
268,842 |
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[ back to top] |
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Continental Europe Development Pipeline |
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Potential Development Starts |
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Construction
in Progress |
2008 |
2009 |
2010
& Beyond |
Total
programme |
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| Land area |
ha |
48 |
76 |
99 |
161 |
384 |
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| Space: |
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| Logistics warehousing |
sq m |
147,349 |
270,721 |
267,776 |
553,778 |
1,239,624 |
| Other Industrial |
sq m |
58,569 |
72,582 |
117,628 |
127,989 |
376,768 |
| Offices |
sq m |
47,278 |
10,000 |
55,380 |
142,104 |
254,762 |
| Retail |
sq m |
0 |
0 |
0 |
0 |
0 |
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| Total |
sq m |
253,196 |
353,303 |
440,784 |
823,871 |
1,871,154 |
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| Investment properties |
% |
67 |
64 |
76 |
55 |
63 |
| Trading properties |
% |
33 |
36 |
24 |
45 |
37 |
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| Pre-Let |
% |
31 |
7 |
0 |
0 |
6 |
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| Planning status |
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|
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| - fully approved |
% |
100 |
17 |
17 |
4 |
22 |
| - zoned/outline approval |
% |
0 |
72 |
75 |
80 |
67 |
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| Rental value when completed |
£m |
14.9 |
14.0 |
22.7 |
45.4 |
97.0 |
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| Current book value - at valuation |
£m |
100.8 |
36.8 |
56.7 |
83.1 |
277.4 |
| Forecast future costs to completion |
£m |
82.2 |
125.7 |
212.2 |
435.6 |
855.7 |
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[ back to top] |
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Continental Europe Anticipated Development Completions |
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Analysed by year of completion |
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2008 |
2009 |
2010 |
2011 |
2012 |
Thereafter |
Total |
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| Space (sq m) |
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|
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| Construction in progress |
253,196 |
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|
253,196 |
| Potential 2008 starts |
258,943 |
81,500 |
12,860 |
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|
353,303 |
| Potential 2009 & beyond |
|
228,757 |
290,678 |
242,333 |
112,932 |
389,955 |
1,264,655 |
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| Total |
512,139 |
310,257 |
303,538 |
242,333 |
112,932 |
389,955 |
1,871,154 |
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| ERV(£m) |
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| Construction in progress |
14.9 |
|
|
|
|
|
14.9 |
| Potential 2008 starts |
10.1 |
2.5 |
1.4 |
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|
14.0 |
| Potential 2009 & beyond |
|
8.4 |
13.4 |
11.2 |
3.9 |
31.2 |
68.1 |
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| Total |
25.0 |
10.9 |
14.8 |
11.2 |
3.9 |
31.2 |
97.0 |
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[[ back to top] |
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Continental Europe Major Land Holdings as at 31 December 2007 |
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Current
book value
(£m) |
Land area
(ha) |
Potential
space to be built
(sq m) |
Anticipated
Development
Period |
|
| Belgium - Pegasus Park |
38.4 |
11 |
154,700 |
2007 to 2017 |
| Czech Republic - Hostivice, Prague |
17.8 |
34 |
129,088 |
2007 to 2011 |
| France - Gonesse, Paris |
15.1 |
13 |
56,441 |
2007 to 2011 |
| France - La Courneuve, Paris |
9.4 |
4 |
22,901 |
2007 to 2010 |
| Germany - Krefeld |
16.7 |
32 |
128,601 |
2008 to 2014 |
| Hungary - Ullo, Budapest |
12.9 |
38 |
143,300 |
2009 to 2013 |
| Poland - Nadarzyn, Warsaw |
11.7 |
35 |
150,000 |
2008 to 2012 |
| Poland - Strykow, Lodz |
13.2 |
57 |
265,098 |
2007 to 2013 |
| The Netherlands - De Hoek Noord (51%) |
12.7 |
11 |
71,546 |
2008 to 2016 |
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| Total |
147.9 |
235 |
1,121,675 |
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All amounts are indicative only and are liable to change. Certain properties included in the preceding three pages are currently income producing and are expected to be redeveloped; such properties have a current book value of £119 million and produce current rental income of approximately £8 million per annum. |
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[ back to top] |
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Development Pipeline Reconciliation to Accounts |
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UK |
Continental
Europe |
Total |
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| Current book value per development programme table |
384 |
278 |
662 |
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| Add land relating to finance leases |
17 |
|
17 |
| Add owner occupied premises |
12 |
1 |
13 |
| Less redevelopments in completed land & buildings |
(119) |
|
(119) |
|
| Total per Accounts |
294 |
279 |
573 |
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| Included within: |
|
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| Investment Properties |
168 |
5 |
173 |
| Development Properties |
117 |
173 |
290 |
| Trading Properties |
3 |
78 |
81 |
| Joint Ventures |
6 |
23 |
29 |
|
| Total |
294 |
279 |
573 |
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[ back to top] |
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Completed Construction 2007 |
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| Period |
Country |
Scheme |
Type |
UK
sq m |
Continental
Europe
sq m |
Let or
Sold at
period end
sq m |
|
| H1 |
United Kingdom |
2 Buckingham Avenue, Slough |
Industrial |
7,222 |
|
7,222 |
| H1 |
United Kingdom |
145 Faggs Rd, Feltham |
Industrial |
8,971 |
|
0 |
| H1 |
United Kingdom |
Heywood Distribution Park |
Industrial |
7,146 |
|
3,106 |
| H1 |
United Kingdom |
Northpoint, Elstree |
Industrial |
7,253 |
|
7,253 |
| H1 |
United Kingdom |
Thales Site, Crawley |
Office & Industrial |
34,462 |
|
34,462 |
| H1 |
United Kingdom |
183 Bilton Way, Hayes |
Industrial |
1,466 |
|
1,466 |
| H1 |
United Kingdom |
710 Wharfedale Road, Winnersh |
Office |
1,858 |
|
1,858 |
| H2 |
United Kingdom |
630 Ajax Avenue, Slough |
Industrial |
5,693 |
|
5,693 |
| H2 |
United Kingdom |
838, 840 & 842 Yeovil Road, Slough |
Industrial |
5,017 |
|
0 |
| H2 |
United Kingdom |
1-17 Forest Road, Feltham |
Industrial |
10,282 |
|
0 |
| H2 |
United Kingdom |
Meteor Park, Birmingham |
Industrial |
21,642 |
|
0 |
| H2 |
United Kingdom |
600 IQ Farnborough |
Industrial |
2,940 |
|
2,940 |
| H2 |
United Kingdom |
1-6 Trade Park, Treforest |
Industrial |
2,736 |
|
686 |
| H1 |
France |
Le Blanc Mesnil (JAA Building) |
Industrial |
|
5,452 |
5,452 |
| H1 |
Belgium |
Rumst II |
Logistics Warehousing |
|
42,433 |
42,433 |
| H2 |
Belgium |
Pegasus Park 2 |
Office |
|
5,073 |
5,073 |
| H1 |
Germany |
FFM-Am Martinszehnten |
Industrial |
|
8,276 |
3,683 |
| H1 |
Germany |
MG Krefelder |
Logistics Warehousing |
|
6,224 |
3,150 |
| H2 |
Germany |
Kapellen |
Logistics Warehousing |
|
7,892 |
0 |
| H1 |
Poland |
Strykow, Azymut |
Industrial |
|
9,618 |
9,618 |
| H1 |
Poland |
Strykow, Komfort/Sonoco |
Logistics Warehousing |
|
23,504 |
23,504 |
| H1 |
Poland |
Komorniki, Huntleigh |
Logistics Warehousing |
|
26,521 |
26,521 |
| H2 |
Poland |
Strykow, Investa |
Logistics Warehousing |
|
9,993 |
9,993 |
| H2 |
Poland |
Strykow, Building D |
Logistics Warehousing |
|
25,153 |
25,153 |
| H2 |
Poland |
Komorniki, 1B |
Logistics Warehousing |
|
23,568 |
13,320 |
| H2 |
Poland |
Silesia |
Logistics Warehousing |
|
16,123 |
16,123 |
| H1 |
Czech Republic |
Hostivice, 2A |
Logistics Warehousing |
|
17,363 |
12,285 |
| H2 |
Czech Republic |
Hostivice, 3C |
Logistics Warehousing |
|
10,488 |
4,560 |
| H1 |
Hungary |
Vendel 1 |
Logistics Warehousing |
|
13,034 |
10,404 |
|
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| Total Completed Area |
|
|
|
116,688 |
250,715 |
275,958 |
|
| JV Share of Completed Area |
|
|
|
116,688 |
226,962 |
252,205 |
|
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| Completions in 2007 |
|
|
|
UK |
Continental
Europe
|
Total |
|
| Total space (sq m) |
|
|
Investment |
109,435 |
190,175 |
299,610 |
| |
|
|
Trading |
7,253 |
60,540 |
67,793 |
|
| |
|
|
Total |
116,688 |
250,715 |
367,403 |
|
| % Let |
|
|
% |
55% |
84% |
75% |
|
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[ back to top] |
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Development Pipeline: Under Construction at 31 December 2007 |
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Space to
be built
(sq m) |
Prelet
space
(sq m) |
Estimated
ERV
(£m) |
Current
Book value
(£m) |
Estimated
future spend
(£m) |
Estimated
total spend
(£m) |
Expected
completion
|
|
| UK |
|
|
|
|
|
|
|
| Camberley - Stanhope Rd |
9,962 |
3,983 |
|
5.1 |
6.5 |
11.6 |
Nov-08 |
| Epsom - Blenheim Rd |
3,515 |
|
|
6.4 |
1.0 |
7.4 |
Feb-08 |
| IQ Farnborough Infrastructure |
n/a |
|
|
0.5 |
8.1 |
8.6 |
Mar-08 |
| North Feltham Trading Estate |
3,285 |
|
|
4.1 |
0.6 |
4.7 |
Jun-08 |
| Portsmouth - Merlin Park |
3,354 |
3,354 |
|
3.6 |
1.6 |
5.2 |
Feb-08 |
| Rotherhithe, Surrey Quays shopping centre (50%) |
1,858 |
1,858 |
|
0.2 |
1.1 |
1.3 |
Jun-08 |
| Slough Trading Estate |
|
|
|
|
|
|
|
| - Bath Rd |
10,226 |
10,226 |
|
29.3 |
18.5 |
47.8 |
Dec-08 |
| - Dundee Rd |
789 |
789 |
|
2.1 |
1.0 |
3.1 |
Apr-08 |
| - Galvin Rd |
13,935 |
13,935 |
|
4.3 |
13.4 |
17.7 |
Sep-08 |
| Thurrock |
890 |
|
|
0.6 |
0.4 |
1.0 |
Apr-08 |
| Thurrock - Frogmore Business Center |
2,696 |
|
|
3.2 |
0.0 |
3.2 |
Feb-08 |
| West Drayton - Stockley Close |
2,973 |
|
|
5.8 |
0.5 |
6.3 |
Mar-08 |
|
| Total UK |
53,483 |
34,145 |
8.2 |
65.2 |
52.7 |
117.9 |
|
|
| |
64% |
|
|
|
|
|
|
|
| Continental Europe |
|
|
|
|
|
|
|
| Belgium - Bornem (50%) |
8,000 |
|
|
1.3 |
1.5 |
2.8 |
Jun-08 |
| Belgium - Kontich |
14,000 |
|
|
2.3 |
3.7 |
6.0 |
Oct-08 |
| Belgium - Pegasus Park |
17,081 |
17,081 |
|
13.4 |
10.3 |
23.7 |
Sep-08 |
| Czech Republic - Prague |
11,088 |
5,000 |
|
5.1 |
0.4 |
5.5 |
Jan-08 |
| France - Gonesse, Paris |
19,927 |
|
|
5.4 |
10.9 |
16.3 |
Sep-08 |
| France - La Courneuve, Paris |
9,420 |
|
|
4.2 |
4.8 |
9.0 |
Jun-08 |
| France - Le Blanc Mesnil (4) |
3,599 |
3,599 |
|
1.8 |
1.5 |
3.3 |
Jul-08 |
| France - Le Blanc Mesnil (8) |
4,695 |
|
|
2.4 |
1.7 |
4.1 |
Mar-08 |
| France - Marly La Ville |
20,795 |
|
|
5.3 |
6.5 |
11.8 |
Jun-08 |
| France - Saint Denis, Paris (50%) |
12,379 |
12,379 |
|
17.1 |
11.4 |
28.5 |
Sep-08 |
| Germany - Berlin |
10,553 |
7,667 |
|
5.4 |
0.9 |
6.3 |
Jan-08 |
| Germany - Braunschweig |
15,316 |
|
|
1.7 |
1.8 |
3.5 |
Mar-08 |
| Germany - Darmstadt |
4,885 |
|
|
1.4 |
0.7 |
2.1 |
Feb-08 |
| Germany - Essen |
5,490 |
1,710 |
|
2.5 |
0.6 |
3.1 |
Jan-08 |
| Hungary - Vendel Park, Budapest |
16,327 |
|
|
1.7 |
5.6 |
7.3 |
May-08 |
| Poland - Domaniewksa, Warsaw |
17,818 |
6,139 |
|
12.8 |
13.6 |
26.4 |
Mar-08 |
| Poland - Silesia, Gliwice |
41,725 |
25,966 |
|
15.1 |
2.5 |
17.6 |
Feb-08 |
| Poland - Strykow, Lodz |
20,098 |
|
|
1.9 |
3.8 |
5.9 |
May-08 |
|
| Total Continental Europe |
253,196 |
79,541 |
14.9 |
100.8 |
82.2 |
183.0 |
|
|
| |
31% |
|
|
|
|
|
|
|
| Total Group |
306,679 |
113,686 |
23.1 |
166.0 |
134.9 |
300.9 |
|
|
| |
37% |
|
|
|
|
|
|
|
|
|
| |
|
|
| |
[ back to top] |
|
| |
|
|
| |
Development Pipeline: Potential Construction Starts in 2008 |
|
| |
| |
Planning
status |
Space to
be built
(sq m) |
Prelet
space
(sq m) |
Estimated
ERV
(£m) |
Current
Book
value
(£m) |
Estimated
future
spend
(£m) |
Estimated
total
spend
(£m) |
Antici-
pated
start |
Antici-
pated
completion |
|
| UK |
|
|
|
|
|
|
|
|
|
| Birmingham - Kings Norton Business Park |
Outline |
1,877 |
|
|
1.5 |
1.5 |
3.0 |
Jun-08 |
Dec-08 |
| Birmingham - Kings Norton Business Park |
Outline |
1,115 |
|
|
0.4 |
1.6 |
2.0 |
Jun-08 |
Mar-09 |
| Bristol - Yate |
None |
3,344 |
|
|
1.0 |
2.5 |
3.5 |
Apr-08 |
Feb-09 |
| Cambridge - Cambridge Research Park |
Outline |
0 |
|
|
0.2 |
0.8 |
1.0 |
Apr-08 |
Apr-08 |
| Cardiff - Treforest Industrial Estate, B13 |
None |
3,252 |
|
|
0.1 |
2.5 |
2.6 |
Jun-08 |
Mar-09 |
| Crawley - London Road |
Full |
8,000 |
8,000 |
|
10.0 |
24.0 |
34.0 |
Apr-08 |
Jun-10 |
| Dunstable - Woodside |
Outline |
13,935 |
|
|
4.9 |
11.3 |
16.2 |
Jun-08 |
Apr-09 |
| Enfield - Ponders End |
None |
7,922 |
|
|
5.1 |
7.1 |
12.2 |
Apr-08 |
Jan-09 |
| HelioSlough - Nimbus Doncaster (50%) |
Outline |
0 |
|
|
1.3 |
0.0 |
1.3 |
Jan-08 |
Jan-08 |
| HelioSlough - Sheffield (50%) |
Outline |
0 |
|
|
2.0 |
0.0 |
2.0 |
Sep-08 |
Sep-08 |
| HelioSlough - Wynyard Park (50%) |
Outline |
0 |
|
|
3.3 |
0.0 |
3.3 |
Apr-08 |
Apr-08 |
| London - Tudor Works, Park Royal |
None |
3,205 |
|
|
4.9 |
2.5 |
7.4 |
Nov-08 |
Jun-09 |
| Manchester - Heywood Infrastructure |
Outline |
NA |
|
|
0.5 |
1.1 |
1.6 |
Mar-08 |
Jun-09 |
| Newbury - Plenty site |
Full |
8,678 |
|
|
3.4 |
6.9 |
10.3 |
Jan-08 |
Sep-08 |
| Portsmouth - Merlin Park |
None |
4,500 |
|
|
1.1 |
4.3 |
5.4 |
Jun-08 |
Mar-09 |
| Reading - Winnersh Triangle |
Full |
18,719 |
6,736 |
|
12.0 |
56.3 |
68.3 |
Feb-08 |
Sep-09 |
| Reading - Winnersh Triangle |
None |
2,787 |
2,787 |
|
2.2 |
5.4 |
7.6 |
May-08 |
Mar-09 |
| Reading - Winnersh Triangle |
None |
11,148 |
11,148 |
|
7.4 |
33.4 |
40.8 |
Sep-08 |
Dec-09 |
| Slough Trading Estate - Buckingham Ave |
Full |
5,463 |
|
|
4.7 |
4.3 |
9.0 |
Oct-08 |
Dec-09 |
| Slough Trading Estate - Galvin Rd |
Full |
4,180 |
|
|
3.6 |
3.5 |
7.1 |
Sep-08 |
Jun-09 |
| Slough Trading Estate - Liverpool Rd |
Full |
4,938 |
|
|
3.6 |
4.3 |
7.9 |
Jul-08 |
Jul-09 |
| Slough Trading Estate - Yeovil Rd |
Full |
3,800 |
|
|
2.6 |
4.3 |
6.9 |
Jul-08 |
Feb-09 |
| St Albans - Radlett, Parkbury |
Full |
3,737 |
|
|
1.9 |
3.4 |
5.3 |
Apr-08 |
Jan-09 |
| York - Clifton Moore shopping centre (50%) |
Full |
1,626 |
|
|
0.0 |
1.0 |
1.0 |
Aug-08 |
May-09 |
|
| Total UK |
|
112,226 |
28,671 |
17.2 |
77.7 |
182.0 |
259.7 |
|
|
|
| |
|
26% |
|
|
|
|
|
|
|
|
| Continental Europe |
|
|
|
|
|
|
|
|
|
| Belgium - Bornem (50%) |
Outline |
10,050 |
|
|
1.2 |
2.7 |
3.9 |
Sep-08 |
Jun-09 |
| Belgium - Kontich |
None |
15,333 |
|
|
1.2 |
4.3 |
5.5 |
Jul-08 |
Dec-09 |
| Belgium - Nivelles logistics (50%) |
Full |
7,000 |
|
|
0.3 |
1.9 |
2.2 |
Apr-08 |
Dec-08 |
| Belgium - Pegasus Park |
Outline |
10,000 |
|
|
1.6 |
14.0 |
15.6 |
Oct-08 |
Jan-10 |
| Belgium - Rumst (50%) |
Full |
3,440 |
3,440 |
|
0.3 |
1.1 |
1.4 |
Jan-08 |
Jun-08 |
| Belgium - Rumst (50%) |
Outline |
4,592 |
|
|
0.5 |
1.2 |
1.7 |
Jun-08 |
Dec-08 |
| Czech Republic - Tulipan Park III, Prague |
Outline |
25,000 |
11,000 |
|
4.9 |
7.5 |
12.4 |
May-08 |
Dec-08 |
| Germany - Alzenau |
Outline |
17,176 |
|
|
1.7 |
6.0 |
7.7 |
Mar-08 |
Oct-08 |
| Germany - Essen |
Full |
10,307 |
10,307 |
|
1.2 |
5.5 |
6.7 |
Jan-08 |
Nov-08 |
| Germany - Floersheim Business Park |
None |
13,000 |
|
|
1.7 |
5.6 |
7.3 |
Apr-08 |
Dec-08 |
| Germany - Floersheim Logistics Park |
None |
12,000 |
|
|
1.7 |
4.8 |
6.5 |
Apr-08 |
Dec-08 |
| Germany - Krefeld Business Park |
Outline |
7,601 |
|
|
0.9 |
3.6 |
4.5 |
Apr-08 |
Dec-08 |
| Germany - Krefeld Logistics Park |
Outline |
20,000 |
|
|
2.6 |
7.6 |
10.2 |
Apr-08 |
Dec-08 |
| Germany - Willich-Munchheide |
Outline |
3,099 |
|
|
0.4 |
1.3 |
1.7 |
Jun-08 |
Dec-08 |
| Germany - Frankfurt |
Full |
5,750 |
|
|
1.5 |
2.8 |
4.3 |
Mar-08 |
Sep-08 |
| Hungary - M3, Budapest |
Outline |
16,117 |
|
|
1.3 |
6.2 |
7.5 |
Sep-08 |
Apr-09 |
| The Netherlands - De Formaeren (20%) |
Full |
2,860 |
|
|
0.7 |
2.0 |
2.7 |
Oct-08 |
Dec-10 |
| The Netherlands - De Hoek Noord, Schipol (51%) |
Full |
10,040 |
|
|
2.3 |
5.4 |
7.7 |
Mar-08 |
Dec-08 |
| The Netherlands - Rijswijk (60%) |
Full |
0 |
|
|
0.9 |
0.0 |
0.9 |
Jul-08 |
Jul-08 |
| Poland - Gliwice |
Outline |
15,000 |
|
|
0.6 |
3.9 |
4.5 |
Apr-08 |
Dec-08 |
| Poland - Lodz |
Outline |
14,438 |
|
|
1.4 |
3.8 |
5.2 |
Jun-08 |
Dec-08 |
| Poland - Nadarzyn |
Outline |
30,000 |
|
|
2.3 |
7.1 |
9.4 |
Apr-08 |
Dec-08 |
| Poland - Poznan |
Full |
20,500 |
|
|
1.1 |
5.6 |
6.7 |
Jan-08 |
Sep-08 |
| Poland - Poznan |
Outline |
40,000 |
|
|
2.4 |
11.0 |
13.4 |
Jul-08 |
Mar-09 |
| Poland - Strykow |
Outline |
40,000 |
|
|
2.1 |
10.8 |
12.9 |
Apr-08 |
Dec-08 |
|
| Total Continental Europe |
|
353,303 |
24,747 |
14.0 |
36.8 |
125.7 |
162.5 |
|
|
|
| |
|
7% |
|
|
|
|
|
|
|
|
| Total Group |
|
465,529 |
53,418 |
31.2 |
114.5 |
307.7 |
422.2 |
|
|
|
| |
|
11% |
|
|
|
|
|
|
|
|
|
|
| |
|
|
| |
|
|
| |
|
|
|