FTSE Russell Factsheet

FTSE EPRA Nareit Developed Europe ex UK

Data as at: 30 September 2024

Index FEATURES

bmkTitle1 Coverage
The FTSE EPRA Nareit Global Real Estate Index Series is designed to represent general trends
FTSE EPRA Nareit Developed Europe ex
in eligible real estate equities worldwide. Relevant activities are defined as the ownership, trading
UK Index is a subset of the FTSE EPRA
and development of income-producing real estate. The index series now covers Global,
Nareit Developed Index that incorporates
Developed and Emerging indices.
Real Estate Investment Trusts (REITs) and

The FTSE EPRA Nareit Developed Europe ex UK Index is a subset of the FTSE EPRA Nareit Real Estate Holding & Development
Developed Index and is designed to track the performance of listed real estate companies and companies.
REITS. By making the index constituents free-float adjusted, liquidity, size and revenue Diversified Investment Opportunities
screened, the series is suitable for use as the basis for investment products, such as derivatives The index series provides investors with the
and Exchange Traded Funds (ETFs).
diversification that real estate offers due to
5-Year Performance - Total Return its low correlation with other asset classes,
(EUR) along with sufficient liquidity to gain access
160 to the asset class.
150
140 Objective
130
120 The indexes are designed for the creation of
110 index tracking funds, derivatives and as a
100
90 performance benchmark.
80
70 Investability
60
Stocks are selected and weighted to ensure
Sep-2019 Sep-2020 Sep-2021 Sep-2022 Sep-2023 Sep-2024
Data as at month end that the index is investable.
Liquidity
FTSE EPRA Nareit Developed Europe ex UK FTSE Developed Europe ex UK
Stocks are screened to ensure that the index
is tradable.
Performance and Volatility - Total Return
Transparency
Index (EUR) Return % Return pa %* Volatility %**
Index methodologies are freely available on
3M 6M YTD 12M 3YR 5YR 3YR 5YR 1YR 3YR 5YR
the FTSE Russell website.
FTSE EPRA Nareit Developed Europe
14.9 15.0 11.1 36.5 -11.7 -6.8 -4.1 -1.4 20.8 22.9 25.5 Availability
ex UK

FTSE Developed Europe ex UK 2.1 3.1 11.6 20.5 24.7 57.7 7.6 9.5 10.7 13.2 16.0 The index is calculated based on price and
total return methodologies, both real time
* Compound annual returns measured over 3 and 5 years respectively
** Volatility – 1YR based on 12 months daily data. 3YR based on weekly data (Wednesday to Wednesday). 5YR based on monthly data and end-of-day. A Net Total Return index is
also calculated.
Year-on-Year Performance - Total Return
Property Sector Classification
Index % (EUR) 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
FTSE EPRA Nareit Developed Constituents are classified into distinct
22.9 18.8 5.1 15.8 -5.2 26.6 -5.8 11.5 -36.9 19.5
Europe ex UK Property Sectors based on gross invested
FTSE Developed Europe ex UK 7.3 11.6 3.3 12.7 -10.1 27.6 3.0 25.3 -12.5 18.6 book assets as disclosed in the latest
published financial statement.

Source: FTSE Russell as at 30 September 2024. Past performance is no guarantee of future results. 1 of 3
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE EPRA Nareit Developed Europe ex UK Index Data as at: 30 September 2024

Return/Risk Ratio and Drawdown - Total Return INFORMATION

Index (EUR) Return/Risk Ratio Drawdown (%)
Index Universe
1YR 3YR 5YR 10YR 1YR 3YR 5YR 10YR
FTSE EPRA Nareit Global Real Estate Index
FTSE EPRA Nareit Developed Europe ex UK 1.7 -0.2 -0.1 0.2 -12.1 -47.9 -48.9 -48.9
Series
FTSE Developed Europe ex UK 1.8 0.6 0.6 0.6 -7.8 -22.7 -34.4 -34.4
Base Date
Return/Risk Ratio – based on compound annual returns and volatility in Performance and Volatility table
Drawdown - based on daily data
27 January 2005
Base Value
Top 10 Constituents
100
Constituent Country/Market Property Sector Net MCap (EURm) Wgt %
Vonovia SE Germany Residential 23,000 15.51 Investability Screen

Unibail Rodamco Westfield France Retail 8,102 5.46 Actual free float applied and liquidity
Swiss Prime Site Switzerland Diversified 7,692 5.19 screened
LEG Immobilien AG Germany Residential 6,950 4.69 Index Calculation
Klepierre France Retail 6,054 4.08 End-of-day
PSP Swiss Property Switzerland Diversified 5,933 4.00
Real-time and End-of-Day Distribution
Castellum Sweden Industrial/Office Mixed 5,612 3.78
Via FTP and email
Sagax AB Sweden Industrial/Office Mixed 5,476 3.69

Gecina France Office 5,344 3.60 Currency

Fastighets AB Balder B Sweden Diversified 4,998 3.37 USD, EUR, GBP, JPY and AUD
Totals 79,160 53.37 Review Dates

Property Sector Breakdown Quarterly in March, June, September and

December
Property Sector No. of Cons Net MCap (EURm) Wgt %
Diversified 18 44,013 29.68

HealthCare 3 5,946 4.01

Industrial 6 9,630 6.49

Industrial/Office Mixed 5 12,946 8.73

Lodging/Resorts 1 1,582 1.07

Office 7 13,003 8.77

Residential 10 38,124 25.71

Retail 14 21,781 14.69

Self Storage 1 1,290 0.87

Totals 65 148,314 100.00

Country/Market Breakdown
Country/Market No. of Cons Net MCap (EURm) Wgt %
Austria 1 913 0.62

Belgium 11 16,306 10.99

Finland 2 1,999 1.35

France 8 26,346 17.76

Germany 8 37,278 25.13

Ireland 1 399 0.27

Italy 1 164 0.11

Netherlands 4 2,524 1.70

Norway 1 831 0.56

Spain 3 7,764 5.24

Sweden 19 34,798 23.46

Switzerland 6 18,992 12.80

Totals 65 148,314 100.00

Source: FTSE Russell as at 30 September 2024. Past performance is no guarantee of future results. 2 of 3
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE EPRA Nareit Developed Europe ex UK Index Data as at: 30 September 2024

Index Characteristics
Attributes FTSE EPRA Nareit Developed Europe FTSE Developed Europe ex UK
ex UK
Number of constituents 65 417

Net MCap (EURm) 148,314 8,080,070

Dividend Yield % 3.33 2.93

Constituent Sizes (Net MCap EURm)

Average 2,282 19,377

Largest 23,000 325,934

Smallest 164 196

Median 1,130 7,239

Weight of Largest Constituent (%) 15.51 4.03

Top 10 Holdings (% Index MCap) 53.37 25.14

About EPRA Nareit

The European Public Real Estate Association (EPRA) is a common interest group, which aims to
promote, develop and represent the European public real estate sector. The National Association
of Real Estate Investment Trusts® (Nareit) is the trade association for REITs and publicly traded
real estate companies with an interest in the US property and investment markets.
30 Sept ember 2024

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The FTSE EPRA Nareit Global Index Series is calculated by FTSE in association with EPRA and NAREIT. EPRA® is a trade mark of European Public Real
Estate Association (“Partner”). Nareit® is a trade mark of National Association of Real Estate Investment Trusts (“Partner”). All rights in and to the FTSE
EPRA Nareit Global Index Series (“Index”) vest in FTSE Russell® and/or its relevant Partner(s).

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Source: FTSE Russell as at 30 September 2024. Past performance is no guarantee of future results. 3 of 3
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.