MRM Announces Unaudited Consolidated Revenue Results for the Third Quarter and Nine Months of 2019; Provides Rental Guidance for the First Half of 2020
For the nine months, the company reported total gross rental income was 6.82 million against 7.24 million a year ago.
For the first half of 2020, the company intends to continue with its letting, reletting and retailer rotation activities, confirming its target of total annualised net rents of over 10 million, with an assumed occupancy rate of 95%. This target is based on the current portfolio (excluding acquisitions or disposals).