DESCRIPTION

As indicated above, the valuation of the Company’s portfolio as of 31 December 2018, carried out by an independent property valuer, amounted to €2.189 billion.

It principally comprises office properties for lease, worth €2.072 billion, accounting for 95% of the total. The value of the land bank for future office developments stands at €44m, 2% of total. Finally, the valuation of the residential portfolio, mainly comprising the residential tourism development Las Colinas Golf & Country Club, is €73m, 3% of the total value of the Company’s assets.

  • Breakdown of the total GAV total by type of asset
  • Breakdown of the total GAV total by type of asset

Note: The difference with the total GAV of €2,192m that appears at the beginning of this report is explained in section Valutation of the porfolio.