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2012 Full-year results: Presentation - Unibail-Rodamco

2012 Full-year results: Presentation - Unibail-Rodamco

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8SPAIN CONTINUES OUTPERFORMANCE• <strong>Unibail</strong>-<strong>Rodamco</strong>’s malls outperforming national statistics• Tenant sales (1) declining by only -1.6%,compared to -6.9% for national consumption (2)• Footfall (3) growing +0.8%: 280 bps outperformance (2)• Frictional and limited vacancy (4) at 2.1%• NRI growing +0.2% like-for-like (5) in <strong>2012</strong>• Performance driven by large and prime shopping centresBonaire, Valencia• Top 6 malls represent 69% of Spanish portfolio (6)• +0.2% in tenant sales (7)• +15.3% in MGR uplift (8)• On-going investments in the portfolioLa Maquinista, Barcelona

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