from 2015 annual report
The rents under the Deutsche Post leases are subject to automatic adjustments (up or down) in relation to the German CPI. If
the CPI for Germany changes by more than 4.3 index points as compared to the index at the commencement of the applicable
lease or the previous rent adjustment, the rent payable under the Deutsche Post leases is automatically adjusted by 100% of
the index change, with effect as of the time of the index change. Based on the index at the last CPI adjustment date, the index
will have to exceed 107.2 index points before the next adjustment will become effective. CPI numbers from December 2015
indicate that the CPI has reached 107.0 index points. German inflation rates remained fairly low in 2015, largely as a result of the decline in energy costs.
well latest CPI out of germany is cpi @ 107.3. I'm wondering does that trigger a rent escalation for their largest tenant? tailwind if so.