Good performances in June- September, the first four-month period without restrictions and fully comparable with 2019: tenant sales -0.2% and roughly 85% of the footfalls recovered; average ticket up +21.7% in September vs. Sept.2019 Rent collection 9M2021: in Italy c. 86%[1]; in Romania c. 96% Financial occupancy higher vs FY2020: Italy 95.40%, +114bps; Romania 94.93%, […]

Strong rebound in June, first full month without restrictions, which confirms the validity of the business model: retailers’ sales +0.3%, average ticket +20.3% and 85% of footfalls recovered vs June 2019 Rent collection 1H 2021: in Italy around 83%[1]; in Romania around 93% Financial occupancy higher vs FY 2020: Italy 95,3%, +100bps; Romania 94.3%, +70bps […]

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 […]