GEP's property portfolio comprises of € 4.0 billion of logistics assets, as at 31 December 2022.
The portfolio offers attractive scale, quality and diversity with the following key attributes (as at 31 December 2022):
- Portfolio of 88 stabilized prime logistics estates
- Well diversified Pan-European logistics portfolio across 7 countries
- Portfolio (excl. assets held for sale) weighted to core markets in Germany, France, the Netherlands, Belgium, Spain and Italy
- 82 different customers with only four customers accounting for more than 5% of rental income
- Core stabilised portfolio’s occupancy rate of 99.4%
- Core stabilised portfolio’s weighted average lease expiry (to first break) of 5.7 years (by income)
- Minimal exposure to enhanced return assets (land and on-balance sheet development activities)
Geographic Diversification (by value)
Sector Diversification (by income)
