Interim statement by the Board of Directors as at 30 September for the third quarter of financial year 2018

Regulated information

Strategic focus on core city assets continues to be primary theme in activities.

As at 30 September 2018, 59% of the real estate portfolio consisted of core city assets and 41% of mixed retail locations (inner-city shops outside of the premium cities, high-end Retail parks and retail warehouses).

Occupancy rate as at 30 September 2018: 98% (99% as at 31 December 2017).

Decrease in the fair value of the existing real estate portfolio by € 3 million in the first nine months of 2018, mainly as a result of a decrease in the estimated rental values.

Increase of the EPRA result in the first nine months of 2018 to € 2.12 per share (€ 1.78 for the first nine months of 2017), mainly as the result of the refinancing executed in 2017.

Extension of the duration of the revolving credit facilities by 1 year to 2023 under the same conditions.

Limited debt ratio of 28% as at 30 September 2018.

Expected gross dividend for 2018 between € 2.75 and € 2.80 per share.