Carmila : Performance hit hard but leasing activity still brisk despite the crisis!
>Activity hit hard by the restrictions, as expected - Carmila released its Q1 2021 figures yesterday evening, with net rental income down by -15% at € 7.2m (vs € 82.7m in Q1 2020). This downtrend was mostly attributable to: 1/ allowances in respect of Q1 receivables (impact of -7.1% y-o-y), 2/ non-recoverable expenses (impact of -0.6% y-o-y) and 3/ the fall in gross rental income (impact of -6.6% y-o-y) after factoring in rent waivers from the first wave of Covid-19 i...Carmila SA, formerly Cardety SA, is a France-based company that operates in the real estate investment sector. The Company is primarily engaged in the acquisition, holding and managing of commercial real estate assets for lease. The Company's real estate assets include a supermarket under the ED brand in Forges-les-Eaux, a shopping center in Pau Lescar, a retail park in Mondeville, a shopping mall in Besancon Chalezeule, a building complex in Salaise-sur-Sanne and a business park project in Quetigny.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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