Carmila 2021 Annual Results

“2021 demonstrated the quality of Carmila’s asset portfolio, which is reflected in higher appraisal values at year end. Once lockdowns were lifted, customers came back to Carmila centres and retailer sales rebounded close to 2019 levels. Leasing activity reached a record level in terms of new leases signed.

Carmila is rolling out a strategy based on its new role as an incubator and omnichannel service platform, leadership in sustainability and investment in new business lines. Carmila’s financial performance in 2021 was above our expectations, and the Group is now ready to deliver on its new strategic plan and medium-term financial targets.”

Marie Cheval, Chair and Chief Executive Officer of Carmila