# Letting information as of September 30, 2021
| Country | Germany4 | GB4 | France4 | Poland | Spain | Netherlands | Italy |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Rental properties (number) | 24 | 20 | 16 | 8 | 4 | 14 | 3 |
| Rental properties (market values in EUR million) | 2,712.5 | 2,236.4 | 1,285.0 | 725.0 | 644.2 | 831.4 | 401.9 |
| Types of use according to annual rental income fully let1 |
| Office & practice | 51.8% | 60.2% | 72.3% | 55.3% | 0.4% | 51.2% | 9.5% |
| Trade/Gastronomy | 28.6% | 9.7% | 7.7% | 28.4% | 88.6% | 2.9% | 59.5% |
| Hotel | 2.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Warehouse/Logistics | 5.7% | 0.3% | 17.4% | 7.8% | 4.3% | 0.3% | 30.9% |
| Residential | 1.2% | 28.9% | 0.0% | 0.0% | 0.0% | 39.6% | 0.0% |
| Leisure | 0.6% | 0.0% | 0.0% | 1.4% | 5.4% | 0.0% | 0.0% |
| Parking spaces | 5.9% | 1.0% | 1.4% | 5.3% | 0.1% | 6.1% | 0.0% |
| Other | 4.0% | 0.0% | 1.2% | 1.8% | 1.1% | 0.0% | 0.0% |
| Total | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Vacancy (as of reporting date)2 |
| Office & practice | 2.1% | 2.9% | 8.6% | 5.5% | 0.0% | 1.7% | 0.0% |
| Trade/Gastronomy | 4.4% | 0.6% | 0.8% | 3.2% | 7.9% | 0.1% | 5.3% |
| Hotel | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Warehouse/Logistics | 0.3% | 0.0% | 0.2% | 0.7% | 0.7% | 0.0% | 0.0% |
| Residential | 0.1% | 2.1% | 0.0% | 0.0% | 0.0% | 1.2% | 0.0% |
| Leisure | 0.0% | 0.0% | 0.0% | 0.4% | 0.0% | 0.0% | 0.0% |
| Parking spaces | 0.6% | 0.2% | 0.5% | 0.3% | 0.0% | 0.2% | 0.0% |
| Other | 0.2% | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% |
| Occupancy rate | 92.3% | 94.2% | 89.9% | 89.9% | 91.3% | 96.8% | 94.7% |
| Expiring tenancy agreements3 |
| until December 31, 2021 | 2.9% | 1.8% | 15.6% | 0.9% | 6.7% | 0.7% | 5.8% |
| 2022 | 6.1% | 31.6% | 26.4% | 18.2% | 29.5% | 0.7% | 14.7% |
| 2023 | 10.4% | 4.2% | 26.2% | 12.7% | 22.5% | 5.2% | 14.8% |
| 2024 | 7.2% | 2.6% | 7.7% | 20.6% | 12.1% | 2.2% | 12.5% |
| 2025 | 17.2% | 3.1% | 8.5% | 22.9% | 11.3% | 5.8% | 7.6% |
| 2026 | 7.4% | 3.6% | 2.6% | 10.2% | 12.5% | 0.0% | 4.0% |
| 2027 | 5.1% | 21.3% | 13.1% | 5.2% | 2.2% | 0.6% | 1.1% |
| 2028 | 1.9% | 4.8% | 0.0% | 1.7% | 0.3% | 4.1% | 0.4% |
| 2029 | 9.1% | 2.4% | 0.0% | 1.4% | 0.4% | 0.0% | 0.0% |
| 2030 | 1.7% | 1.6% | 0.0% | 1.6% | 0.0% | 19.3% | 0.0% |
| from 2031 | 31.0% | 22.9% | 0.0% | 4.6% | 2.4% | 61.4% | 39.1% |
| Total | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |

- Including contractual rent, rent-free periods and measured vacancy.
- Vacancy rate as measured by target rental income.
- On exercising special termination right.
- Excluding project development Berlin, "The Grid", Paris, "TOKO", and Wembley, "Pavilion Court".

| Finland | Ireland | Other in Europe | Total4 |
| --- | --- | --- | --- |
| 5 | 3 | 3 | 100 |
| 383.0 | 225.0 | 301.4 | 9,746.0 |
|  |
| 72.6% | 0.0% | 0.8% | 48.4% |
| 9.3% | 2.9% | 63.4% | 25.1% |
| 0.0% | 0.0% | 0.0% | 0.5% |
| 2.6% | 0.0% | 33.2% | 7.4% |
| 0.0% | 97.1% | 0.0% | 13.1% |
| 2.0% | 0.0% | 2.5% | 0.8% |
| 11.6% | 0.0% | 0.0% | 3.3% |
| 2.0% | 0.0% | 0.2% | 1.4% |
| 100.0% | 100.0% | 100.0% | 100.0% |
|  |
| 5.1% | 0.0% | 0.0% | 3.1% |
| 0.2% | 0.8% | 5.8% | 2.7% |
| 0.0% | 0.0% | 0.0% | 0.0% |
| 0.1% | 0.0% | 0.1% | 0.2% |
| 0.0% | 32.6% | 0.0% | 1.4% |
| 0.0% | 0.0% | 0.0% | 0.0% |
| 1.2% | 0.0% | 0.0% | 0.3% |
| 0.1% | 0.0% | 0.0% | 0.1% |
| 93.3% | 66.6% | 94.1% | 92.2% |
|  |
| 1.3% | 0.0% | 5.1% | 4.1% |
| 6.6% | 59.2% | 12.6% | 18.7% |
| 22.3% | 0.0% | 15.6% | 11.9% |
| 10.0% | 0.0% | 8.8% | 7.6% |
| 7.3% | 0.6% | 11.8% | 10.4% |
| 3.7% | 0.0% | 3.4% | 5.3% |
| 3.2% | 0.6% | 3.3% | 9.1% |
| 3.9% | 1.9% | 36.4% | 3.9% |
| 20.3% | 0.0% | 0.1% | 3.6% |
| 2.1% | 0.0% | 0.5% | 2.8% |
| 19.3% | 37.7% | 2.3% | 22.7% |
| 100.0% | 100.0% | 100.0% | 100.0% |

| Tenant structure (basis: contractual rent) – by sector |
| --- |
| Consumer goods and retail | 27.7% |
| Banks and financial service providers | 17.3% |
| Residential | 11.6% |
| Technology and software | 6.4% |
| Corporate/Legal/Tax consulting | 5.8% |
| Utilities and telecommunications | 4.8% |
| Automotive and transportation | 4.2% |
| Hotel/Gastronomy | 3.6% |
| Construction | 2.9% |
| Insurance companies | 2.4% |
| Chemical/Pharmaceutical industry | 0.8% |
| Other sectors | 12.6% |
| Total | 100.0% |


## Occupancy situation
Expiring tenancy agreements, as measured by current contrac- tual rent, are illustrated in the charts. In respect of tenancy agreements with special termination rights, the earliest possible ending of the rental agreement is assumed. Presenting the data without taking into account special termination rights illustrates how expiring tenancy agreements work in favor of the contrac- tually secured rental income of the fund.

Translation (ENDE, 2021-09-30):
# Vermietungsinformationen zum 30. September 2021
| Land | Deutschland4) | GB 4) | Frankreich4) | Polen | Spanien | Niederlande | Italien |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Mietobjekte (Anzahl) | 24 | 20 | 16 | 8 | 4 | 14 | 3 |
| Mietobjekte (Verkehrswerte in Mio. EUR) | 2.712,5 | 2.236,4 | 1.285,0 | 725,0 | 644,2 | 831,4 | 401,9 |
| Nutzungsarten nach Jahressollmietertrag1) |
| Büro & Praxis | 51,8% | 60,2% | 72,3% | 55,3% | 0,4% | 51,2% | 9,5% |
| Handel/Gastronomie | 28,6% | 9,7% | 7,7% | 28,4% | 88,6% | 2,9% | 59,5% |
| Hotel | 2,3% | 0,0% | 0,0% | 0,0% | 0,0% | 0,0% | 0,0% |
| Lager/Logistik | 5,7% | 0,3% | 17,4% | 7,8% | 4,3% | 0,3% | 30,9% |
| Wohnen | 1,2% | 28,9% | 0,0% | 0,0% | 0,0% | 39,6% | 0,0% |
| Freizeit | 0,6% | 0,0% | 0,0% | 1,4% | 5,4% | 0,0% | 0,0% |
| Stellplätze | 5,9% | 1,0% | 1,4% | 5,3% | 0,1% | 6,1% | 0,0% |
| Andere | 4,0% | 0,0% | 1,2% | 1,8% | 1,1% | 0,0% | 0,0% |
| Gesamt | 100,0% | 100,0% | 100,0% | 100,0% | 100,0% | 100,0% | 100,0% |
| Leerstand (stichtagsbezogen)2) |
| Büro & Praxis | 2,1% | 2,9% | 8,6% | 5,5% | 0,0% | 1,7% | 0,0% |
| Handel/Gastronomie | 4,4% | 0,6% | 0,8% | 3,2% | 7,9% | 0,1% | 5,3% |
| Hotel | 0,0% | 0,0% | 0,0% | 0,0% | 0,0% | 0,0% | 0,0% |
| Lager/Logistik | 0,3% | 0,0% | 0,2% | 0,7% | 0,7% | 0,0% | 0,0% |
| Wohnen | 0,1% | 2,1% | 0,0% | 0,0% | 0,0% | 1,2% | 0,0% |
| Freizeit | 0,0% | 0,0% | 0,0% | 0,4% | 0,0% | 0,0% | 0,0% |
| Stellplätze | 0,6% | 0,2% | 0,5% | 0,3% | 0,0% | 0,2% | 0,0% |
| Andere | 0,2% | 0,0% | 0,0% | 0,0% | 0,1% | 0,0% | 0,0% |
| Vermietungsquote | 92,3% | 94,2% | 89,9% | 89,9% | 91,3% | 96,8% | 94,7% |
| Auslaufende Mietverträge3) |
| bis 31.12.2021 | 2,9% | 1,8% | 15,6% | 0,9% | 6,7% | 0,7% | 5,8% |
| 2022 | 6,1% | 31,6% | 26,4% | 18,2% | 29,5% | 0,7% | 14,7% |
| 2023 | 10,4% | 4,2% | 26,2% | 12,7% | 22,5% | 5,2% | 14,8% |
| 2024 | 7,2% | 2,6% | 7,7% | 20,6% | 12,1% | 2,2% | 12,5% |
| 2025 | 17,2% | 3,1% | 8,5% | 22,9% | 11,3% | 5,8% | 7,6% |
| 2026 | 7,4% | 3,6% | 2,6% | 10,2% | 12,5% | 0,0% | 4,0% |
| 2027 | 5,1% | 21,3% | 13,1% | 5,2% | 2,2% | 0,6% | 1,1% |
| 2028 | 1,9% | 4,8% | 0,0% | 1,7% | 0,3% | 4,1% | 0,4% |
| 2029 | 9,1% | 2,4% | 0,0% | 1,4% | 0,4% | 0,0% | 0,0% |
| 2030 | 1,7% | 1,6% | 0,0% | 1,6% | 0,0% | 19,3% | 0,0% |
| ab 2031 | 31,0% | 22,9% | 0,0% | 4,6% | 2,4% | 61,4% | 39,1% |
| Gesamt | 100,0% | 100,0% | 100,0% | 100,0% | 100,0% | 100,0% | 100,0% |

- Inklusive Vertragsmiete, mietfreier Zeiten und bewertetem Leerstand.
- Leerstandsquote gemessen am Sollmietertrag.
- Bei Ausübung des Sonderkündigungsrechts.
- Ohne Projektentwicklung Berlin, „The Grid“, Paris, „TOKO“, und Wembley, „Pavilion Court“.

| Finnland | Irland | sonstiges Europa | Gesamt4) |
| --- | --- | --- | --- |
| 5 | 3 | 3 | 100 |
| 383,0 | 225,0 | 301,4 | 9.746,0 |
|  |
| 72,6% | 0,0% | 0,8% | 48,4% |
| 9,3% | 2,9% | 63,4% | 25,1% |
| 0,0% | 0,0% | 0,0% | 0,5% |
| 2,6% | 0,0% | 33,2% | 7,4% |
| 0,0% | 97,1% | 0,0% | 13,1% |
| 2,0% | 0,0% | 2,5% | 0,8% |
| 11,6% | 0,0% | 0,0% | 3,3% |
| 2,0% | 0,0% | 0,2% | 1,4% |
| 100,0% | 100,0% | 100,0% | 100,0% |
|  |
| 5,1% | 0,0% | 0,0% | 3,1% |
| 0,2% | 0,8% | 5,8% | 2,7% |
| 0,0% | 0,0% | 0,0% | 0,0% |
| 0,1% | 0,0% | 0,1% | 0,2% |
| 0,0% | 32,6% | 0,0% | 1,4% |
| 0,0% | 0,0% | 0,0% | 0,0% |
| 1,2% | 0,0% | 0,0% | 0,3% |
| 0,1% | 0,0% | 0,0% | 0,1% |
| 93,3% | 66,6% | 94,1% | 92,2% |
|  |
| 1,3% | 0,0% | 5,1% | 4,1% |
| 6,6% | 59,2% | 12,6% | 18,7% |
| 22,3% | 0,0% | 15,6% | 11,9% |
| 10,0% | 0,0% | 8,8% | 7,6% |
| 7,3% | 0,6% | 11,8% | 10,4% |
| 3,7% | 0,0% | 3,4% | 5,3% |
| 3,2% | 0,6% | 3,3% | 9,1% |
| 3,9% | 1,9% | 36,4% | 3,9% |
| 20,3% | 0,0% | 0,1% | 3,6% |
| 2,1% | 0,0% | 0,5% | 2,8% |
| 19,3% | 37,7% | 2,3% | 22,7% |
| 100,0% | 100,0% | 100,0% | 100,0% |

| Mieterstruktur (Basis: Vertragsmiete) – nach Branchen |
| --- |
| Konsumgüter & Einzelhandel | 27,7% |
| Bank & Finanzdienstleistung | 17,3% |
| Wohnen | 11,6% |
| Technologie und Software | 6,4% |
| Unternehmens-/ Rechts- und Steuerberatung | 5,8% |
| Versorger und Telekommunikation | 4,8% |
| Automobil & Transport | 4,2% |
| Hotel/Gastronomie | 3,6% |
| Bau | 2,9% |
| Versicherungsgewerbe | 2,4% |
| Chemie/Pharmazeutische Industrie | 0,8% |
| Sonstige Branchen | 12,6% |
| Summe | 100,0% |


## Vermietungssituation
Die Grafiken zeigen die auslaufenden Mietverträge, gemessen an der derzeitigen Vertragsmiete. Bei Mietverträgen mit Sonder- kündigungsrechten wird von der frühestmöglichen Beendigung des Mietverhältnisses ausgegangen. Die Darstellung ohne Berücksichtigung von Sonderkündigungsrechten verdeutlicht, wie sich die Mietvertragsausläufe zugunsten der vertraglich gesicherten Mieteinnahmen des Fonds nach hinten verschieben.