Citycon Oyj’s Interim Report for 1 January – 30 September 2020: Solid performance in COVID-19 environment
Citycon Oyj Stock Exchange Release 4 November 2020 at 09:00 hrsCITYCON’S OPERATIONAL FIGURES WERE STRONG IN Q3 · YTD total tenant sales were slightly above prior year (+0.3%) reflecting an increase in average consumer purchase · Rent collection for YTD stands currently at 94%, Q3 currently at 93%. % and H1 at 95%. · YTD financial performance remained solid: total net rental income adjusted for FX rates was -2.2% · Administrative expenses declined from last year by -5.0% · Valuation decline was modest being -0.6 % in Q3 · Leasing activity has continued strong – YTD we