In a business that is returning to pre-pandemic levels, IGD expects its FFO to improve significantly in the fourth quarter
Even though the results at 30 September 2021 were, overall, affected by the anti-Covid restrictions, in the last few months – particularly beginning in June – there has been an improvement in the operating conditions with clear signs of a return to normalcy. In the four month period June-September, retailers’ sales have already reached levels […]
The restrictive measures in place for Covid-19 continue to weigh on the income statement, while the Net Financial Position improves
The first quarter 2021 accounts reflect the penalizing operating conditions stemming from the mandatory closures imposed to contain the pandemic. Despite the €6.9 million drop in FFO, the pre-letting and marketing of the spaces, as well as the positive outcome of the negotiations with tenants, made it possible to maintain a good level of occupancy […]
