Citycon Oyj's Interim Report Q1/2023: Indexation driving strong like-for-like NRI growth and positive fair value change alongside increased liquidity with refinancing and expansion of credit facility
Citycon Oyj Interim Report 4 May 2023 at 21:45 hrsStrong operational performance · Like-for-like rental income increased by 9.4% compared to the previous year, led by the indexation. · In comparable FX rates, standing net rental income increased by 8.7% · The weakening NOK and SEK FX-rates impacted on our results; the impact on total net rental income was EUR -2.4 million. · Average rent per sq.m. increased by EUR 1.6 with comparable FX to EUR 24.4 per sq.m. · With actual FX the average rent per sq.m. increased by EUR 0.7. · Retail occupancy 95.4% vs 95.1% in