| Rental income | 338,138a | 314,174a |
| Writeback of lease payments sold and discounted | 0a | 0a |
| Rental-related charges | -157a | -1,134a |
| Net rental income | 337,981a | 313,040a |
| Recovery of property charges | 3a | 0a |
| Recovery of rental charges and taxes normally paid by tenants on let properties | 8,969a | 7,193a |
| Costs payable by the tenant and borne by the landlord on rental damage and repair at end of lease | 0a | 0a |
| Charges and taxes not recovered by the tenant on let properties | -8,852a | -7,205a |
| Other rental-related income and charges | 621a | -90a |
| Property result | 338,722a | 312,938a |
| Technical costs | -3,907a | -3,169a |
| Commercial costs | -39a | -58a |
| Charges and taxes on unlet properties | -145a | -114a |
| Property management costs | -6,918a | -6,452a |
| Other property charges | -1,552a | -1,424a |
| Property charges | -12,561a | -11,217a |
| Property operating result | 326,161a | 301,721a |
| Overheads | -35,074a | -35,740a |
| Other operating income and charges | -831a | -171a |
| Operating result before result on portfolio | 290,256a | 265,810a |
| Gains and losses on disposals of investment properties | 374a | -856a |
| Gains and losses on disposals of other non-financial assets | 0a | 0a |
| Changes in fair value of investment properties | 15,195a | -143,636a |
| Other result on portfolio | -30,235a | -26,072a |
| Operating result | 275,590a | 95,246a |
| Financial income | 971a | 3,006a |
| Net interest charges | -46,701a | -45,004a |
| Other financial charges | -5,176a | -5,181a |
| Changes in fair value of financial assets and liabilities | -18,708a | -50,878a |
| Net finance costs | -69,614a | -98,057a |
| Share in the profit or loss of associates and joint ventures accounted for using the equity method | -571a | -256a |
| Profit before tax (loss) | 205,405a | -3,067a |
| Corporate tax and deferred taxes | -449a | -25,565a |
| Exit tax | -135a | -54a |
| Tax expense | -314a | -25,619a |
| Profit (loss) | 205,091a | 22,552a |
| Attributable to | — | — |
| Non-controlling interests | 260a | -1,983a |
| Owners of the parent | 204,831a | 24,535a |