Strong capital value growth - driven by rental growth and development surpluses
Portfolio valuation up 18.0%1 in year (developments: 28.2%1) and 3.1%1 in Q4
Rental value growth of 10.3%1 (10.0% offices, 11.4% retail) v 9.5% for IPD Central London; 3.1% in Q4
12 month capital return of 18.8% v 20.3% for IPD Central London Index, with Total Property Return of 21.5% v 24.3% for IPD Central London; 5 year capital return of 96.8% v 76.8% for IPD Central London
Excellent financial performance - increased NAV and earnings
EPRA2 NAV per share of 709 pence, up 24.6% in year and 4.3% in Q4
Net assets of £2,390.9 million (March 2014: £1,931.9 million)
EPRA2 profit before tax of £45.1 million, up 17.4% on 2014. EPRA2 EPS of 12.7 pence, up 15.5%
After revaluation surplus, reported profit before tax of £507.4 million (March 2014: £422.2 million)
Total dividend per share of 9.0 pence (2014: 8.8 pence), up 2.3%
