Combined with increased collections from prior months the YTD collection number is 94 percent.

“The figures show that our portfolio continues to benefit from both its tenant mix and the markets in which we operate. Our necessity-based community centres are located in densely populated urban areas with direct connections to transportation, which creates a natural flow of visitors to the centres. During the pandemic, shopping locally has become more important which has benefited the centres,” says F. Scott Ball, CEO at Citycon.