Jul 29, 2020 / 04:30PM GMT
Christophe Cuvillier - Unibail-Rodamco-Westfield SE - Group CEO & Chairman of Management Board
Good evening, and welcome to our Half Year 2020 results presentation. It's an unusual setup today. I'm here in Paris at URW's headquarters and Jaap is in the U.S. I trust the technical teams will help us run this presentation as smoothly as usual.
I'd like to begin with a couple of words to summarize this first half. Our focus throughout this unprecedented crisis has been to mitigate its impact on our group. Q1 had started off positively, be it in leasing, with 444 -- 44 6 -- sorry, 446 deals signed in tenant sales and footfall, up 2.2% and 2%, respectively. And in terms of rent collection at 94% for Q1.
The COVID-19 pandemic hit our operations late February in Europe and the U.S., with most of our centers forced to close from March 16. Our focus immediately shifted to preserving our liquidity and supporting our communities and our tenants through various relief schemes. I'm very happy that in this very specific period, we managed to finalize the disposals of 5 French assets as planned and
Q2 2020 Unibail-Rodamco-Westfield SE Earnings Call Transcript
Feb 15, 2024
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