Citycon Oyj´s Interim Report for 1 January-30 September 2021: Continued strong operational and capital recycling performance
Citycon Oyj Interim Report 28 October 2021 at 09:00 hrs- Net rental income in Q3/2021 was 51.3 MEUR and increased by +0.4% compared to Q3/2020 on like-for-like basis.- Q3/2021 is the third consecutive quarter with quarter over quarter net rental income growth while the net rental income is close to pre-covid levels.- The disposal of Columbus, a non-core asset, at gross pricing of 106.2 MEUR vs. valuation of 96.3 MEUR in Q4/2020. Consider to use some of the proceeds to repurchase shares.- Rent collection for YTD stands currently at 96 %, Q3/2021 currently at 96% and Q2/2021 at 97%