Asset — Executive Dashboard

Reporting period

Years on the chart

Trend metric

Tenant turnover

Structure

Turnover structure

Automated insights

Key insights

Recalculated from actual data on every change of the filters

Financial results

P&L: plan vs actual and year-on-year

Revenue growth of 6,0% was fully offset by faster cost growth of 21,3% — NOI margin compressed by 9,2 pp. Figures excl. VAT, mn ₽.

Profit & loss statement

H1 2026 actual vs budget vs H1 2025

Values in the report are expressed in rubles (despite the «thousands» notation in the source data) — unit confirmation has been added to the management company action plan.

NOI bridge

Drivers of NOI change, H1 25 → H1 26

Three cost lines — utilities (+25,7), administrative (+21,3) and property tax (+12,4 mn ₽) — absorbed the entire revenue growth (+43,7 mn ₽) and a further 61,8 mn ₽ on top.

Cash flow, incl. VAT

Cash flow H1 2026

Free cash flow is «better than plan» by 86,8 mn ₽ solely due to CAPEX underspend (58,7% of the half-year plan), not operational efficiency.

Turnover

Category dynamics, H1 25 → H1 26

Leasing priority for the vacant 8 058 m² — categories with double-digit turnover growth. Responds to the «Category» filter.

Calculated from monthly tenant turnover, totals January–June of the respective year.

Traffic and conversion

Footfall vs turnover

Average ticket is offsetting the decline in traffic — but the gap cannot be offset indefinitely.

Rent roll

Vacancy, rents and lease expiries

Vacancy tripled over two years — from 3,6% to 11,2%. 2027 is the peak of expiries: 37 leases, 24% of annual rental income.

9 quarters in one direction

Vacancy trend, June 2024 → June 2026

Monthly series of leased and vacant area.

Lease expiration risk

Lease expiries by year

Share of annualized rental income H1 2026 by lease expiry year (calculated from Rent-Roll). 7 leases dated «31.12.2099» are a placeholder, shown separately; their status requires confirmation by the management company.

Rate / format

Average rent by unit size

A classic inverse relationship: large-format units and anchors are subsidised by the small-unit gallery. Figures from the 'Key Metrics' block of the 'Rent-Roll' sheet.

Tenant performance

Tenants: rent, turnover, OCR

Sorting — click the header. Status: 🟢 turnover growing and OCR < 25%; 🟡 moderate decline or OCR 25–50%; 🔴 turnover drop > 15% or OCR > 50%, or lease expiry within a 12-month horizon with negative dynamics.

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Rent — annualised contractual income (sum of accruals January–June 2026 × 2). Turnover — actual tenant sales. OCR — for May 2026 (June not available). A dash means the tenant's turnover is not tracked in the system — a separate gap in management accounting.

Accounts receivable · registry as at 31.07.2026

Receivables

Receivables reduced by 71% over the year to 72,0 mn ₽, but 58% of the balance is overdue by more than 90 days, and the problem core of 40,7 mn ₽ is barely shrinking.

Weekly management-company monitoring

Total receivables trend, mn ₽

Turning point in December 2025 — January 2026: settlements with the co-owners were resolved (one co-owner's debt reduced from 135,9 to 5,4 mn ₽, the other's — 63,2 mn ₽ closed in full). Important: of the 10,9 mn ₽ reduction from 19.06 to 31.07, roughly 8,8 mn ₽ — reversal of Ice rink debt, not a cash receipt; net recovery ≈ 2,1 mn ₽.

Ageing structure

Aging by 1C document dates

Total per the 1C export — 69,8 mn ₽ (difference from 72,0 mn ₽ — items without supporting documents in the export).

Concentration