FY Results – Funds from Operations (FFO) increased by 36.9% to €102.1 million. FFO per share increased of 28.9% to 8.74c. Annualized like-for-like rent roll rose by 7.7% to €175.9 million. The investment property book value increased by 1.1% to €2.10 billion. The H2 dividend increased by 25.7% to 2.98c per share, leading to a 28.8% uplift in the total dividend for the year. The gross yield in Germany was 7.3%, while net yield in the UK stood at 9.3%. The net LTV remained unchanged at 41.6%. Headline earnings per share increased by 43.2% to 7.62c.
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