Results presentation as at 31 March 2018

IGD’s main results are:

• Further significant growth in recurring net income (FFO):  €18.3 million (+17.5%)
• Rental income: €35.6 million, +5.2 % (LFL Italy +1.9%, Romania +4.1%)
• Net rental income: €29 million, +6%
• Group net profit:  €16.7 million (+16.7%)
• Sales of retailers in Italian malls +2.9%; significant upside on renewed leases (Italy +3%; Romania +1.5%)
• Loan-to-value 46.9%; average cost of debt 2.75 %

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