Unibail-Rodamco (UNBLF.PK), Europe's largest listed commercial property company, reported that its first-quarter total turnover rose to 430.0 million euros from 423.2 million euros in the prior year quarter.
Gross Rental Income of the shopping centre division amounted to 288.3 million euros for the quarter, an increase of +6.0% compared to the same period in 2012. The growth was driven by the Group's leasing activity, shopping centre deliveries and acquisitions net of disposals completed by the Group.
The company confirmed its confidence in achieving recurring earnings per share growth of at least 5% for 2013.
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