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 […]
9M 2022 results presentation
Growth in retailers’ sales at Italian malls continues in the third quarter; September 2022 +4.5% vs Sept. 2019; 3Q 2022 +2.8% vs 3Q 2019 The sales figure for the first nine months is largely in line with 2019, with strong growth compared to the same period of 2021 (+19.1%) Rent collection 9M2022: ~ 93% in […]