2022 Results – IGD confirms the effectiveness of the operating model of urban shopping centers
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 […]