FY18 underlying cash flow per share: €2.65. Guidance >€2.62. Dividend up to €2.10 from €1.96 implying a 6.9% yield. Assets revaluation (excluding capital gains): H1 was +1.3%, FY18 +1.5%. This reflects the first 10bp decompression in yields after years of compression, from 4.8% to 4.9% on shopping centres. NNNAV not disclosed. NAV of €40.5 per share vs. €39.50 in H1 18 and €39.6 at the end of 2017. Key points in Q4, tenants’ sales: France -0.3% (35%
