FTSE Russell Factsheet

FTSE EPRA Nareit Developed Europe ex UK

Data as at: 30 September 2024

Capped Index FEATURES

bmkTitle1 Diversified Investment Opportunities

The FTSE EPRA Nareit Global Real Estate Index Series is designed to represent general trends
The index series provides investors with the
in eligible real estate equities worldwide. Relevant activities are defined as the ownership, trading
diversification that real estate offers due to
and development of income-producing real estate. The index series now covers Global,
its low correlation with other asset classes,
Developed and Emerging indices.
along with sufficient liquidity to gain access

The FTSE EPRA Nareit Developed Europe ex UK Capped Index is a subset of the FTSE EPRA to the asset class.
Nareit Developed Index and is designed to track the performance of listed real estate companies Objective
and REITS. By making the index constituents free-float adjusted, liquidity, size and revenue The indexes are designed for the creation of
screened, the series is suitable for use as the basis for investment products, such as derivatives index tracking funds, derivatives and as a
and Exchange Traded Funds (ETFs).
performance benchmark.
5-Year Performance - Total Return Investability
(EUR)
Stocks are selected and weighted to ensure
160
150 that the index is investable.
140
130
Liquidity
120
Stocks are screened to ensure that the index
110
100 is tradable.
90
80 Capping
70
60 The index will be capped at review with no
Sep-2019 Sep-2020 Sep-2021 Sep-2022 Sep-2023 Sep-2024 stock having a weight more than 10% and all
Data as at month end
companies that have a weight greater than
FTSE EPRA Nareit Developed Europe Ex UK Capped FTSE EPRA Nareit Developed Europe ex UK Capped Net 5% in aggregate are no more than 40% of
FTSE EPRA Nareit Developed Europe ex UK FTSE Developed Europe ex UK the index.
Transparency
Performance and Volatility - Total Return
Index methodologies are freely available on
Index (EUR) Return % Return pa %* Volatility %**
the FTSE Russell website.
3M 6M YTD 12M 3YR 5YR 3YR 5YR 1YR 3YR 5YR
Availability
FTSE EPRA Nareit Developed Europe
14.5 14.5 10.7 35.8 -9.3 -4.0 -3.2 -0.8 20.5 22.5 25.6
Ex UK Capped The index is calculated based on price and
FTSE EPRA Nareit Developed Europe
14.4 13.7 9.7 34.6 -11.8 -8.2 -4.1 -1.7 20.5 22.5 25.7 total return methodologies, both real time
ex UK Capped Net
and end-of-day. A Net Total Return index is
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 also calculated.
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 Property Sector Classification

* Compound annual returns measured over 3 and 5 years respectively

Constituents are classified into distinct
** Volatility – 1YR based on 12 months daily data. 3YR based on weekly data (Wednesday to Wednesday). 5YR based on monthly data
Property Sectors based on gross invested
Year-on-Year Performance - Total Return book assets as disclosed in the latest
published financial statement.
Index % (EUR) 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
FTSE EPRA Nareit Developed
23.6 19.6 5.4 16.6 -3.7 26.9 -7.0 13.7 -35.1 19.3
Europe Ex UK Capped

FTSE EPRA Nareit Developed

22.4 18.5 4.4 15.4 -4.6 25.7 -8.0 12.9 -35.7 18.1
Europe ex UK Capped Net

FTSE EPRA Nareit Developed

22.9 18.8 5.1 15.8 -5.2 26.6 -5.8 11.5 -36.9 19.5
Europe ex UK

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

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 Capped 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 0.0 0.3 -12.1 -46.3 -47.2 -47.2 Series
Capped

FTSE EPRA Nareit Developed Europe ex UK Base Date

1.6 -0.2 -0.1 0.2 -12.1 -46.7 -47.7 -47.7
Capped Net

FTSE EPRA Nareit Developed Europe ex UK 1.7 -0.2 -0.1 0.2 -12.1 -47.9 -48.9 -48.9
18 February 2005
Net Total Return Index - 16 December 2011
FTSE Developed Europe ex UK 1.8 0.6 0.6 0.6 -7.8 -22.7 -34.4 -34.4
Base Value
Return/Risk Ratio – based on compound annual returns and volatility in Performance and Volatility table
Drawdown - based on daily data 1859.51
Net Total Return Index - 2321.4
Top 10 Constituents
Investability Screen
Constituent Country/Market Property Sector Net MCap (EURm) Wgt %
Actual free float applied and liquidity
Vonovia SE Germany Residential 13,634 9.81
screened
Unibail Rodamco Westfield France Retail 8,102 5.83

Swiss Prime Site Switzerland Diversified 7,692 5.54

Index Calculation

LEG Immobilien AG Germany Residential 6,950 5.00 End-of-day

Klepierre France Retail 6,054 4.36 Real-time and End-of-Day Distribution
PSP Swiss Property Switzerland Diversified 5,933 4.27
Via FTP and email
Castellum Sweden Industrial/Office Mixed 5,612 4.04
Currency
Sagax AB Sweden Industrial/Office Mixed 5,476 3.94
USD, EUR, GBP, JPY and AUD
Gecina France Office 5,344 3.85

Fastighets AB Balder B Sweden Diversified 4,998 3.60 Review Dates

Totals 69,794 50.23 Quarterly in March, June, September and
December
Property Sector Breakdown
Property Sector No. of Cons Net MCap (EURm) Wgt %
Diversified 18 44,013 31.68

HealthCare 3 5,946 4.28

Industrial 6 9,630 6.93

Industrial/Office Mixed 5 12,946 9.32

Lodging/Resorts 1 1,582 1.14

Office 7 13,003 9.36

Residential 10 28,758 20.70

Retail 14 21,781 15.68

Self Storage 1 1,290 0.93

Totals 65 138,949 100.00

Country/Market Breakdown
Country/Market No. of Cons Net MCap (EURm) Wgt %
Austria 1 913 0.66

Belgium 11 16,306 11.74

Finland 2 1,999 1.44

France 8 26,346 18.96

Germany 8 27,912 20.09

Ireland 1 399 0.29

Italy 1 164 0.12

Netherlands 4 2,524 1.82

Norway 1 831 0.60

Spain 3 7,764 5.59

Sweden 19 34,798 25.04

Switzerland 6 18,992 13.67

Totals 65 138,949 100.00

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 Capped Index Data as at: 30 September 2024

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

Net MCap (EURm) 138,949 8,080,070

Dividend Yield % 2.51 2.93

Constituent Sizes (Net MCap EURm)

Average 2,138 19,377

Largest 13,634 325,934

Smallest 164 196

Median 1,130 7,239

Weight of Largest Constituent (%) 9.81 4.03

Top 10 Holdings (% Index MCap) 50.23 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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© 2024 London Stock Exchange Group plc and its applicable group undertakings (“LSEG”). LSEG includes (1) FTSE International Limited (“FTSE”), (2)
Frank Russell Company (“Russell”), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, “FTSE Canada”),
(4) FTSE Fixed Income Europe Limited (“FTSE FI Europe”), (5) FTSE Fixed Income LLC (“FTSE FI”), (6) FTSE (Beijing) Consulting Limited (“WOFE”) (7)
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owned, or used under licence, by FTSE, Russell, FTSE Canada, FTSE FI, FTSE FI Europe, WOFE, RBSL, RL or BR. FTSE International Limited is
authorised and regulated by the Financial Conduct Authority as a benchmark administrator. Refinitiv Benchmark Services (UK) Limited is authorised and
regulated by the Financial Conduct Authority as a benchmark administrator.

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.