Presentation of the results as at 30 September 2023
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: […]
Presentation of the results as at 30 June 2023
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) […]
FY 2022 Results Presentation
SOLID OPERATING RESULTS Retailers’ sales at Italian malls grew 13.3% and footfalls were +6.9% higher than in 2021; sales exceeded 2019 (+0.7%) Upside on new leases: +1.1% Italy; +1.8% Romania Occupancy higher: Italy 95.7% +50bps; Romania 98.0% +340bps Net rent collection FY2022: Italy 96%; Romania c. 97% ECONOMIC-FINANCIAL INDICATORS UP Net rental income: €114.0 […]