Page 3 - எஸ்டோனியன் நிதி மேற்பார்வை அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Impact of COVID-19 pandemic At the beginning of 2020, a new coronavirus (COVID-19) started spreading all over the world, which has had an impact on businesses and economies, including in the Baltics. It is evident that the operating results of Q2-Q4 2020 and property valuations were affected by the COVID-19 effects on the tenants financial performance and the relief measures taken to deal with the pandemic. However, based on the currently available information, the Management Company believes that the COVID-19 pandemic should rather have a temporary effect on the Fund s results. Broad portfolio diversification allows the Fund to limit the COVID-19 impact on the whole portfolio and maintain healthy consolidated operational performance.

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