MRM - 2019 Universal Registration Document

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Information on M.R.M.’s activities

Presentation of the Company

how this unprecedented situation develops on a daily basis and, if required, will take further appropriate measures. Beyond the completion date of the investment plan, M.R.M plans to continue letting its still vacant premises. Taking into account the spaces from the extension of the Valentin shopping centre, and assuming an occupancy rate of 95% for the portfolio, M.R.M. confirms its total annualised net rent target for its retail assets of over €10 million (excluding acquisitions or disposals), compared with €8.5 million as of 31 December 2019. M.R.M. will continue to review the ongoing business dislocations and trends in the rental markets in terms of demand and rental values. M.R.M. will also continue to review

the investment market, with a view to carrying out further acquisitions, and launching portfolio rotation through asset disposals. In keeping with its 2020 climate objectives as presented in Section 4.3 of the management report included in Section 3.6 of this Universal Registration Document, M.R.M. will continue its efforts to reduce energy consumption on its property assets, inform tenants and service providers of best environmental practices and develop local initiatives in its capacity as a cornerstone of regional economies.

M.R.M. 2019 UNIVERSAL REGISTRATION DOCUMENT

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