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RSS FeedsBusiness review for the third quarter and first nine months of 2018
(WorldNews France)

 
 

22 october 2018 19:14:08

 
Business review for the third quarter and first nine months of 2018
(WorldNews France)
 


PRESS RELEASE BUSINESS REVIEW FOR THE FIRST NINE MONTHS OF 2018 Paris - October 22, 2018 Klépierre, the pan-European leader in shopping malls, today released its business review for the first nine months of 2018.(1) The main highlights include: - Total revenues of EUR1,005.7 million, +2.0% year-on-year - Shopping centers net rental income of EUR823.7 million, +3.1% like-for-like(2) and +2.3% on a current basis - Retailer sales +0.7% vs. the first 9 months of 2017(3) - Sustained leasing activity (1,381 leases; EUR28.6 million in additional minimum guaranteed rents) - Net debt reduced by ca. EUR274 million to EUR8,879 million at September 30, 2018 vs. June 30, 2018; net cost of debt below 1.6% - EUR575...


 
11 viewsCategory: General > Europe > France
 
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