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VBare’s Revenues Rose by 19.2% in Q1, after Limited Impact of Covid-19

The firm's gross rental income grew by 19.2% compared to the same period in 2019, to reach €546,000, and by 10.8% compared to the last quarter of 2019.

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Building on Calle San Andrés in Madrid, owned by VBare.

The gross rental income obtained by the Socimi VBare grew by 19.2% in Q1 2020 compared to the same period in 2019 to reach €546,000, and by 10.8% compared to the last quarter of 2019.

According to Fabrizio Agrimi, CEO of VBare, “The company is 100% focused on actively managing its current portfolio and strengthening its financial position in order to be prepared for the market opportunities that will arise over the next few months. Likewise, we are dedicating a large proportion of our resources to studying the cases of vulnerable tenants in order to make their rental payments more flexible in those cases where their economic situations have been harmed by Covid-19.

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