Brief: Mercialys End-March Rental Revenues Grow To EUR 43.6 Million

Mercialys SA

20/04/2022 17:19

April 20 (Reuters) - Mercialys SA  MERY.PA :
    * MERCIALYS: 2022 FIRST-QUARTER ACTIVITY
    * RENTAL REVENUES EUR 43.6 MILLION AT MARCH 31, 2022, UP
+2.4%
FROM MARCH 31, 2021
    * END-MARCH INVOICED RENTS CLIMBED TO EURO 43.4 MILLION, UP
+3.5%
COMPARED WITH END-MARCH 2021, AFTER FACTORING IN SCOPE EFFECTS
    * AT END-MARCH 2022, CURRENT FINANCIAL VACANCY RATE WAS
2.9%,
VERSUS 3.2% END-DECEMBER 2021
    * DIVIDEND OF EURO 0.92 PER SHARE PROPOSED AT GENERAL
MEETING ON
APRIL 28, 2022
    * SUPPORT PACKAGE FOR RENT AND CHARGES, WITH VIEW TO
PREVENTING
SPREAD OF COVID-19 EPIDEMIC, WAS SUBJECT TO PAYMENTS BY FRENCH
STATE DURING Q1 OF 2022; HOWEVER, SIGNIFICANT NUMBER OF TENANT
APPLICATIONS ARE STILL BEING PROCESSED. CONTINUED ROLLOUT OF
THESE GOVERNMENT SUPPORT MEASURES IS EXPECTED TO HELP IMPROVE
COLLECTION RATE FOR 2021 OVER COMING MONTHS
    * OUTLOOK:  STABILIZATION OF REVERSION APPEARS TO BE
SATISFACTORY
IN A CONTEXT MARKED BY GEOPOLITICAL RISKS, WITH THEIR IMPACTS ON
HOUSEHOLD CONSUMPTION STILL UNCERTAIN, AS WELL AS RISING
INFLATION, REFLECTED IN INCREASE IN NEW RENTS NEGOTIATED

Source text for Eikon:  ID:nBw61bwg0a 
Further company coverage:  MERY.PA 

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