March 26, 2020 / 6:14 AM / 15 days ago

BRIEF-Aroundtown: Will Not Be Directly Impacted by the Coronavirus Pandemic

March 26 (Reuters) - Aroundtown SA:

* AROUNDTOWN SA ANNOUNCES PUBLICATION OF FY 2019 FINANCIALS

* SINCE THE GROUP’S HOTEL PORTFOLIO IS PREDOMINANTLY LEASED TO THIRD PARTY HOTEL OPERATORS WITH LONG-TERM AND FIXED LEASES, THE GROUP WILL NOT BE IMPACTED BY THE PANDEMIC DIRECTLY BUT MAY BE IMPACTED ONLY INDIRECTLY IF TENANTS CANNOT PAY THEIR RENTS

* FY NET RENTAL INCOME UP 21% TO 765.7 MILLION EUR Source text for Eikon: [tinyurl.com/u5v6x9d] Further company coverage: (Reporting by Berlin Speed Desk)

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