semi-annual report 30 Sep 2010 - SEB Asset Management

Letting Property performance Results
of expert
valuation
Number of tenants
Average remaining lease terms
in years
Interior wall finishing
of wetrooms
Oil-based paintwork Wooden floorboards, needle felt,
linoleum, PVC, wetrooms: PVC
Part-tiled walls (1.50 m) Carpet, PVC, tiles, linoleum,
wetrooms: tiles
Floor coverings Interior doors Heating Electrical fittings Installations and
other fittings
Floor-to-ceiling tiles Large tiles, parquet, cast stone, wetrooms:
large tiles, special coated tiles
Natural stone,
elaborately laid
Remaining lease terms
expiring in the next 12 months
in %
Vacancy rate
in % of estimated gross rental
Value of the
equity interest
(at the reporting
date)
in EUR
Market value/
purchase
price (at the
reporting
date)
in EUR
9,380,263
Natural stone, elaborately laid,
wetrooms: natural stone
Oil-based paintwork Wooden floorboards, linoleum, PVC,
wetrooms: PVC
Part-tiled walls (1.50 m) Coated screed, mastic asphalt,
wetrooms: tiles
Floor-to-ceiling tiles Tiles, wood block flooring, cast stone,
wetrooms: large tiles
Panel framed doors, painted leaves and Individual stoves, electric storage heating,
frames
boilers for hot water
Plastic/wooden leaves, steel frames Central heating with radiators
(gravity hot water system)
Leaves with high-quality wood veneer,
glass doors, wooden frames
Solid construction, intruder protection,
wheelchair-enabled, automatic doors
Central heating/pumped heating system with
flat radiators, central water heating
Underfloor heating, air conditioning and other
HVAC systems
n.a. Individual stoves, electric storage heating,
boilers for hot water
n.a. Warm air heating units, warm air heating units
connected to central boiler system, district heating
n.a. Central heating/pumped heating system with
flat radiators, central water heating
One lighting outlet and 1 – 2 surfacemounted
sockets per room
1 – 2 lighting outlets and
2 – 3 sockets per room, IT facilities,
surface-mounted fittings
Several lighting outlets and sockets per
room, sill trunking with IT cabling
n.a.
n.a.
n.a.
Elaborate fittings, security facilities n.a.
Basic surface-mounted fittings n.a.
Adequate flush-mounted fittings n.a.
Elaborate fittings, security facilities n.a.
Oil-based paintwork Rough concrete, paint n.a. Warm air heating with a direct-fired system n.a. Surface-mounted power and water
outlets, cooking facilities, sink
Part-tiled walls (1.50 m) Screed, mastic asphalt,
block paving without bedding
Total transaction costs
in EUR
of which fees and taxes
in EUR
of which other costs
in EUR
Total transaction costs in %
of market value/purchase price
Transaction costs amortised in
the financial year
in EUR
Transaction costs
still to be amortised
in EUR
n.a. Central heating n.a. Surface-mounted power and water
outlets, kitchenette
Expected remaining
amortisation period in years
Debt ratio in % of market value/
purchase price
Gross profit in EUR
Remaining useful life
in years
36 2.9 9.9 22.3 32,950,124
1,111,656
– – – – – – – 65.8 3,810,694 36
n.a. n.a. n.a. n.a. 1,465,427
7,339,414
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 60
2 0.1 – 11.6 7,847,361 – – – – – – – 0.0 671,421 37
Property quality:
1 = Very high
2 = High
3 = Medium
2,401,640,628
Property location:
A = Central business district (CBD)
B = Other city centre locations
C = Local office centre
D = Commercial estate
6) The Potsdamer Platz properties are presented on a consolidated basis so as to ensure comparability
due to the valuation methodology used.
7) This company is not a real estate company but the owner of the operating and office equipment and
the operating facilities required to manage the properties contained in the Potsdamer Platz KGs.
E = City centre (1a)
F = Solo location (shopping centre)
G = Established logistics location
H = Other locations
8) Partly owned parking garage.
9) The property is under construction. No information has therefore been published.
Semi-annual Report as of 30 September 2010 | 59