- Final agreements concerning rent due during the lockdown have been made with 85% of our lessees, which were obliged to close, who represent 87% of our total gross rental income.
- Strong liquidity position as at 30 June 2020, €16 million of unused credit facilities available.
- Limited debt ratio of 31.6% as at 30 June 2020.
- Decrease in EPRA earnings in the first semester of 2020, €1.09 per share (€1.45 for the first semester of 2019) due to the COVID-19 crisis.
- Occupancy rate has increased with 1.7% during the second quarter to 97.5% compared to 31 March 2020 (98.8% as at 31 December 2019).
- Management’s focus in 2020 primarily on timely collection of rents and maintaining the high occupancy rate for the portfolio.
- Decrease in the fair value of the existing real estate portfolio2 by 3.9% in the first semester of 2020 mainly because of the outbreak of COVID-19
Full press release: