1Q 2021 results presentation
The restrictions in place for shopping center operations continue to weigh heavily on the sector “One-off” COVID impact of €4 million recognized in 1Q 2021 Net rental income: €26.2 million (-20.7%) FFO: €8 million (-33.3%) Notes falling due redeemed in full with significant cash on hand at the end of the reporting period of €86 million In the […]
FY2020 Results presentation
The appeal of IGD’s format confirmed: in the periods when the restrictions were eased the average ticket rose + 17%, retailers’ sales +0.3% better than in 2019[1] Rent collection at around 91% of net turnover in Italy and around 94% in Romania Financial occupancy maintained at high levels: Italy 94.3%; Romania 93.6% Net rental income: […]
9M 2020 results presentation
More than 90% of the tenant negotiations finalized in Italy; all negotiations in Romania completed. Total rent collection[1] in the nine months, net of deferrals granted, at around 88% Recovery of footfalls at about 87% and September retailers’ sales reached 97% of 2019 level Net rental income: €89.7 million (-12.2%), including the estimated one-off impact […]
1H 2020 results presentation
80% (last week 85%) of footfalls recovered; retailers’ sales -13.6% in June vs 2019 70% of the tenant negotiations finalized in Italy; 98% in Romania. Payment deferrals and discounts foreseen, the effect of which will be recognized entirely in the current year (without any carry over to subsequent years) More than satisfactory results for the […]
