Citycon Oyj’s Interim Report Q1/2024: Strong like-for-like NRI growth
Citycon Oyj Interim Report 15 May 2024 at 19:20 hrsStrong operational performance · Total net rental income increased by 6.7% compared to the previous year. · In comparable FX rates, total net rental income increased by 8.2%. · Like-for-like net rental income increased by 6.5% compared to the previous year. · The weakening NOK and SEK FX-rates impacted on our results; the impact on total net rental income was EUR -0.7 million. · Average rent per sq.m. increased by 4.1% with comparable FX to EUR 25.1 per sq.m (vs. Q1/2023). · Retail occupancy 94.9% vs 94.6% in Q1/