Results presentation as at 31 March 2019

• Net rental income: €2 million, +17.9% (+9.2% adj ex IFRS16^[1]);
• FFO: €8 million (+13.4%)
• Malls LFL Italy flat, Romania + 2.4%; upside on renewals: Italy +4.1%; Romania +10.3%
• Loan-to-Value 46.2% ( 45% adj ex IFRS16); Interest cover ratio 3.9x (around 3.7x adj ex IFRS16)

 

[1] Adj ex IFRS16: for the sake of comparability, the 2019 figure was restated excluding the impact of IFRS 16 application

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