Track Record

Portfolio Evolution

Number of units acquired

Sep '23
300
Feb '24
650
Oct '24
8,450
Dec '24
10,850
Apr '25
14,000
Nov '25
14,500
Jun '26
15,500
Sep '26
Target
Cumulative units acquired Identified target

Proven Operational and Investment Team Excellence

Consistent reduction in residential vacancy through asset management

8.3%
6.8%
6.6%
Jun 2025 Dec 2025 Jun 2026

Residential vacancy materially reduced for the first portfolio acquired

14.6%
3.1%
Peak Current (Jun 2026)

Development of GAV (semi-annual appraisals conducted by JLL)

€1.0bn
€1.4bn
€1.5bn
€1.6bn
>€2.1bn
Dec 2024 Jun 2025 Dec 2025 Jun 2026 Jun 2026 (PF)

Where the Portfolio Stands Today

  1. ~15.5k Residential Units
    Residential asset from the Net Zero Properties portfolio
  2. ~1,050k sqm Total Portfolio Area
    Residential asset from the Net Zero Properties portfolio

Held across North Rhine-Westphalia, Schleswig-Holstein, Lower Saxony and East Germany.

Residential asset from the Net Zero Properties portfolio, image 1
Residential asset from the Net Zero Properties portfolio, image 2
Residential asset from the Net Zero Properties portfolio, image 3
Residential asset from the Net Zero Properties portfolio, image 4
Residential asset from the Net Zero Properties portfolio, image 5
Residential asset from the Net Zero Properties portfolio, image 6
Residential asset from the Net Zero Properties portfolio, image 7
Residential asset from the Net Zero Properties portfolio, image 8
Residential asset from the Net Zero Properties portfolio, image 9
Residential asset from the Net Zero Properties portfolio, image 10