Profit growth and increased dividend

• Profit before tax decreased by 23.4% to €110.8m (March 2019: €144.7m)
• Funds from operations grew by 15.1% to €55.7m (March 2019: €48.4m)
• Final dividend increased by 4.0% to 1.80c

Valuation growth

• Like for like total valuation increased by  €96.3m
• Total portfolio book value €1,186.2m
• Increase in EPRA NAV per share of 7.8% to 80.62c

Rental growth

• Like for like annualised rent roll increase of 6.1%
• Total occupancy 85%

Asset recycling and new ventures

• €178.1m of mature assets sold at EPRA NIY of 5.7% including the completion of the Titanium venture with AXA Investment Managers - Real Assets
• €120.0m of acquisitions completed at EPRA NIY of 5.7% & 26% vacancy

Banking

• Agreed three facilities amounting to €171.9m including first unsecured facility for €50.0m
• Average cost of debt reduced to 1.5% from 2.0%
• 3.6 Yrs Weighted average debt expiry
• 11.0x Interest cover from NOI

Balance Sheet

• €129.7m of free cash and undrawn facilities available
• Net LTV of 32.8%
• 12 unencumbered assets with a book value of €118.5m