Q2 2021 Deutsche Konsum REIT AG Earnings Call Transcript
Yes, thank you. Thank you, and good morning, everyone. Thank you for your time and interest in Deutsche Konsum for the half-year figures of the year '21, '22. You have hopefully already seen the results as a presentation on our website.
I will refer to a few slides here and there has also been a press release. So what I suggest is as per usual, I'll just run through some of the key highlights in my opinion, and then, there's plenty of time to ask any questions and provide comments.
So I'll be starting on page number 4 of the presentation, just going through the key highlights of the numbers first. So let's start with the operational business, the operational business was strong as per usual. I mean, that's one of the characteristics of our businesses that's reasonably predictable, non-cyclical, et cetera, so the rental income was up 10% year on year. It's noteworthy that the net rental income was up 13% year on year, which of course is a margin expansion, again, which is
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