EPRA net yield from rental income
CHF million |
| 30.06.2016 |
| 31.12.2015 |
|
|
|
|
|
Owned investment real estate |
| 3 464.4 |
| 3 525.2 |
Investment real estate in joint ventures/funds |
| – |
| – |
Development real estate |
| 161.5 |
| 295.5 |
Less development real estate and investment real estate under construction |
| –207.3 |
| –345.4 |
Market value of yield-producing properties |
| 3 418.6 |
| 3 475.3 |
| ||||
Annualised actual rental income |
| 171.4 |
| 177.4 |
Direct expenses for investment real estate |
| –25.7 |
| –30.2 |
Annualised net rental income |
| 145.7 |
| 147.2 |
| ||||
Plus expected additional rental income after expiry of rental discounts |
| 2.6 |
| 2.6 |
Topped-up annualised net rental income |
| 148.3 |
| 149.8 |
| ||||
EPRA net yield from rental income |
| 4.3% |
| 4.2% |
| ||||
EPRA topped-up net yield from rental income |
| 4.3% |
| 4.3% |