UNIBAIL-RODAMCO SE: Financial information as at March 31, 2021 Press release
Financial information as at March 31, 2021
Unibail-Rodamco-Westfield s ( URW or the Group ) Q1-2021 turnover remained strongly impacted by ongoing COVID-19 restrictions with 42 days
(1) of closures vs. 13 days
(1) in Q1-2020; zero days of normal unrestricted operations vs. 70 days in Q1-2020
Progressive lifting of non-essential retail restrictions in the UK, Slovakia, Denmark and The Netherlands during April;
however 51% of URW s shopping centres are still effectively closed
(2)
March tenant sales
(3) reached 87% of 2019 levels in the US, while Continental European countries where non-essential retail was allowed to trade reached 76-81%; UK footfall jumped to 75% of 2019 levels during first week of reopening despite major restrictions still in place