Financial structure

45.7 Corso ComoPlace Project 758.1 Real Estate portfolio 22.7 Otheractivities 445.5 NAV 71.0 Thirs parties 291.4 Other debts 18.6 Net debt Balance sheet as at December 31st, 2020 (€/million)
Jun -16 Sep -16 Dec -16 Mar -17 Jun -17 Sep -17 Dec -17 Mar -18 Jun -18 Sep -18 Dec -18 Mar -19 Jun -19 Sep -19 Dec -19 7.6% 25.9% 27.4% 33.5% 33.9% 33.4% 37.1% 34.2% 35.4% 39.6% 33.5% 33.1% 27.0% 35.8% 38.8% Dec -20 38.3% Loan to Value evolution (LTV)

As of December 31st, 2020, COIMA RES debt financing consisted entirely of bank loans secured to the properties.

(in thousands Euro) December 31st 2020 Maturity Rate % hedged
Deutsche Bank branches 30,540 July 16th 2023 Eur 3M + 180 bps 100%
Monte Rosa, Tocqueville 40,657 July 16th 2023 Eur 3M + 160 bps 100%
Pavilion 26,760 October 31st 2023 Eur 6M + 150 bps 93%
Gioiaotto 47,831 March 31st 2022 Eur 3M + 150 bps 80%
Deruta 19,927 January 16th 2022 Eur 3M + 160 bps 80%
Vodafone 126,249 June 27th 2024 Eur 3M + 180 bps 80%
Sarca 25,008 November 1st 2022 Eur 3M + 175 bps 80%
Microsoft 21,992 December 21st 2020 Eur 6M + 205 bps 0%