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 […]
FINANCIAL INFORMATION AS AT 31 MARCH 2020 -IMPACTS OF THE COVID-19 EPIDEMIC ON GROUP’S ACTIVITIES FFO: €8 million (+0.1%) Rental income: €38.4 million, -0.9% (LFL -0.4%) Considerable cash on hand, €130.1 million, at the end of the reporting period Measures implemented to manage the crisis and prepare for the lockdown exit ANNUAL GENERAL MEETING […]
FFO: €3 million (+4.5%) Rental income: €3 million, +2.3% (LFL +0.5%) Net rental income: €136.6 million, +10.1% (+1.8% ex IFRS16[1]) Sales of retailers in Italian malls +0.5%; financial occupancy Italy 96.9%; Romania 97.6% Average cost of debt 2.35%; ICR 3.8X[2] EPRA NNNAV per share €10.92 Proposed dividend of 50 euro cents per share, in line […]
FFO: €9 million (+5.6%); Rental income: €0 million, +2.7% (LFL Italy flat, Romania +2.7%) Net rental income: €2 million, +10.7% (+2.5% adj. ex IFRS16[1]) Average cost of debt 2.4%; Loan to Value 47.8% [1]Adj ex IFRS16: for the sake of comparability, the 2019 figure was restated excluding the impact of IFRS 16 application.
