Aside both the unsurprising performances of Hotels (-46%, but RevPar down 84%) and German Residential (+3.4%), European Offices were down 1.1% lfl in Q1 21. Our estimate was a positive 0.5% in Q4 20. Revenue now embarks the rising vacancy of Q2-Q3 20 in full.
21 Apr 2021
Second slight organic decline in European Offices
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Second slight organic decline in European Offices
Covivio SA (COV:PAR) | 0 0 2.3% | Mkt Cap: 6,604m
- Published:
21 Apr 2021 -
Author:
Christian Auzanneau -
Pages:
4
Aside both the unsurprising performances of Hotels (-46%, but RevPar down 84%) and German Residential (+3.4%), European Offices were down 1.1% lfl in Q1 21. Our estimate was a positive 0.5% in Q4 20. Revenue now embarks the rising vacancy of Q2-Q3 20 in full.