Citycon’s rent collection continues strong in Q3/2020
CITYCON OYJ Corporate press Release 15 September 2020 at 12:00 hrs
Citycon’s rent collection has reached 90% for July 2020 continuing the trend of strong collection rates.
Citycon’s rent collection has been solid throughout 2020. As of today, the rent collection rate for H1/2020 stands at 94%. Solid collection rates have subsided, and 90% of July 2020 rents were collected in the beginning of week 37.
“The continued strong collections on top of the 11% gain in sales for the same month clearly signal the strength of the portfolio even during this difficult period. The