==+Given the uncertainties hanging over this project, the group has also taken a terminal value of zero after 20 years

(excluding the book value of the land if the group is the owner thereof). On the other hand, the group has not planned to invest in maintenance of the building.

If the group buys the real estate, it intends to finance it through a 10-year bullet loan at 2.5%.

Alternatively, Multiplax could rent the same building from a third party at an annual rent of €1350m.