OPERATING RESULTS CONFIRM THE APPEAL OF IGD’S SHOPPING CENTERS Sales for retailers in Italian malls up by 4.3% and footfalls 4.5% higher than in 2022 and well above 2019 (+6.2%) Occupancy high: Italy 95.3%; Romania 96.2% Net rent collection in FY2023: around 97% in Italy; around 98% in Romania   ECONOMIC RESULTS EXCEED EXPECTATIONS Net […]

Retailers’ sales at Italian malls +6.2%, footfalls +5.4% vs 9M 2022 and occupancy at 95.3%; occupancy in Romania at 97.1% Rent collection 9M2023: in Italy > 94%; in Romania c. 96%; rent collection for FY 2022 at nearly 100% Net rental income higher: €88.4 million, +5.7% vs 9M 2022 (+8.1% like-for-like) Core business Ebitda up: […]

THE PORTFOLIO’S SOLID OPERATING PERFORMANCES CONFIRMED Significant increase in retailers’ sales at Italian malls (+8.5%) and in footfalls (+6.6%) compared to 1H2022; 2019 sales exceeded (+7.6%) Occupancy high (stable vs 1Q 2023): Italy 95.2%; Romania 96.8%   ECONOMIC RESULTS BEAT EXPECTATIONS: OUTLOOK FOR FFO IMPROVED Net rental income: €59.1 million (+3.4% vs 2022; +7.8% like-for-like) […]

RESULTS FOR 1ST QUARTER 2023 Excellent operating performances: retailers’ sales +12.7%; footfalls +9.4% (vs 1Q2022) Net rental income: €29.1 million (+4.9% LFL) FFO: €8 million (-5.6%) Loan-to-Value: 45.3%