| June 2011 | June 2010 | |
| Property values (€m) | 2,522 | 2,360 |
| Gross lettable area (m2) | 591,000 | 589,000 |
| Number of properties | 31 | 32 |
| Number of shops | 1,325 | 1,297 |
| Number of visitors (m) | 129 | 119 |
| Sales turnover growth | 1.9% | 0.0% |
| Boutiques <300m2 turnover/m2 (€) | 7,240 | 6,780 |
| Like for rental growth | 3.8% | 1.3% |
| Boutiques <300m2 rent/m2 (€) | 570 | 558 |
One of Europe's most experienced owners of shopping centres, Eurocommercial focuses on France, Italy and Sweden - wealthy countries where indexed shop rents with a turnover related element provide market transparency and management efficiency. Well-managed shopping centres in these countries are stable investments without the cyclical over supply problems of other property sectors.
France, Northern Italy and Sweden also have deep, developed institutional property markets. They have a cultural compatibility and lease structures that reveal sales turnover figures every month so that the success of centres can be accurately measured and the retail mix adapted to market trends.
Eurocommercial is a quoted Netherlands based Investment Institution with the advantage that all investment income, whatever its source, is tax free at the corporate level if it is distributed to shareholders. The Company is also tax exempt in France as a SIIC (société d'investissements immobiliers cotée).