{"id":43211,"date":"2022-08-04T13:09:30","date_gmt":"2022-08-04T11:09:30","guid":{"rendered":"https:\/\/www.gruppoigd.it\/?p=43211"},"modified":"2022-08-08T17:43:43","modified_gmt":"2022-08-08T15:43:43","slug":"1h-2022-results-presentation","status":"publish","type":"post","link":"https:\/\/www.gruppoigd.it\/en\/1h-2022-results-presentation\/","title":{"rendered":"1H 2022 results presentation"},"content":{"rendered":"<p>PHYSICAL RETAIL ALIVE AND WELL WITH GOOD PERFORMANCES<\/p>\n<ul>\n<li>Retailers\u2019 sales at Italian malls largely in line with 2019; average ticket up +17.3% in June<\/li>\n<li>Upside on new leases: +2.5% Italy; +3.5% Romania<\/li>\n<li>Financial occupancy: Italy 95.1% +30bps vs 1q2022; Romania 92.9%, an additional 3 thousand square meters already pre-let<\/li>\n<\/ul>\n<p>FINANCIAL INDICATORS ON THE RISE<\/p>\n<ul>\n<li>Net rental income: \u20ac57.1 million (+2.9%; +16.0% like-for-like)<\/li>\n<li>FFO: \u20ac34.0 million (+11.0%)<\/li>\n<li>Net rent collection in 1H2022: &gt;90% in Italy; c. 93% in Romania<\/li>\n<\/ul>\n<p>VALUATIONS STABILIZED<\/p>\n<ul>\n<li>Market value of the freehold portfolio: \u20ac2,143.5 million (Like-for-Like: +0.84%)<\/li>\n<li>EPRA\u00a0NAV and NRV of \u20ac10.73 p.s.\u00a0(-1.1%)<\/li>\n<\/ul>\n<p>DEBT MATURITY PROFILE IMPROVES<\/p>\n<ul>\n<li>The first Green Loan of \u20ac215 million obtained<\/li>\n<li>\u20ac60 million in committed credit lines renewed through 2025<\/li>\n<li>Financial maturities basically covered for all of 2023; next significant maturities in 2024<\/li>\n<\/ul>\n<p>OUTLOOK<\/p>\n<ul>\n<li>New guidance for FFO 2022: confirmed the growth trajectory with respect to FY 2021, +2\/3% (compared to +9\/10% announced in February)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PHYSICAL RETAIL ALIVE AND WELL WITH GOOD PERFORMANCES Retailers\u2019 sales at Italian malls largely in line with 2019; average ticket up +17.3% in June Upside on new leases: +2.5% Italy; +3.5% Romania Financial occupancy: Italy 95.1% +30bps vs 1q2022; Romania 92.9%, an additional 3 thousand square meters already pre-let FINANCIAL INDICATORS ON THE RISE Net [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":43221,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[],"class_list":["post-43211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-presentazioni-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/43211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/comments?post=43211"}],"version-history":[{"count":2,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/43211\/revisions"}],"predecessor-version":[{"id":43238,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/posts\/43211\/revisions\/43238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/media\/43221"}],"wp:attachment":[{"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/media?parent=43211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/categories?post=43211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gruppoigd.it\/en\/wp-json\/wp\/v2\/tags?post=43211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}