Balance sheet positions effectively under control: significant asset sales completed at end-December 2020, with a net cash-in of around Euro 150 million. Loan to value (LTV) ratio excluding transfer taxes of 38.1%, down -302bp from end-June 2020. Portfolio value resilient, consolidated by asset disposals
Continued operational outperformance by the centers compared with the national index, Mercialys’ sites footfall: +685bp vs CNCC index / Retailer activity: +1,070bp vs CNCC index
Income statement reflecting the impacts of the crisis: invoiced rents down -7.0% like-for-like. Funds from operations (FFO) down -23.1% to Euro 95.5 million, with Euro 1.04 per share. Proposed dividend of Euro 0.43 per share
2021 objectives: the latest restriction measures relating to the health crisis are significantly limiting visibility for activities. Mercialys is therefore not in a position at this stage to publish full-year objectives for 2021
