PATRIMOINE ET COMMERCE: Q3 2023 RESULTS +6,1% IN GROSS RENTAL INCOME AT €37.4M
PATRIMOINE ET COMMERCE
PRESS RELEASE Q3 2023 RESULTS +6,1% in gross rental income at €37.4m
Paris, October 11, 2023
The gross rental income of the real estate portfolio of Patrimoine Commerce reached 37.4 million of euros for the first nine months of 2023, an increase of +6.1% compared to 2022:
This increase is mainly explained by:
Outlook Eric Duval, Founder and Director of Patrimoine Commerce declared: « Patrimoine Commerce recorded in the third quarter of 2023 an increase of +6.1% of gross rental income, as a result of dynamic portfolio management. We are confident in the fundamentals and the resilience of our business model, and we intend to strengthen our position as the leader in low-cost retail parks in France».
Agenda
February 22, 2024 2023 Full-Year Results
------------------------------------ About Patrimoine Commerce
Patrimoine Commerce owns and operates a real estate portfolio, largely comprising retail property, covering a total surface area of more than 528,000 sqm. The assets are mainly located in retail parks near mid-sized towns throughout France. Patrimoine Commerce benefits from a significant identified deal flow that will enable it to feed its growth, in terms of both assets under development and operating assets.
Patrimoine Commerce is listed on NYSE Euronext Paris. ISIN code: FR0011027135 – Mnémo code: PAT
For further information, go to: www.patrimoine-commerce.com
For information, please contact:
Regulatory filing PDF file File: Q3 2023 RESULTS +6,1% IN GROSS RENTAL INCOME AT €37.4M |
Language: | English |
Company: | PATRIMOINE ET COMMERCE |
45 avenue Georges Mandel | |
75016 PARIS | |
France | |
Phone: | +33146994762 |
E-mail: | [email protected] |
Internet: | https://www.patrimoine-commerce.com/ |
ISIN: | FR0011027135 |
Euronext Ticker: | PAT |
AMF Category: | Inside information / News release on accounts, results |
EQS News ID: | 1745719 |
End of Announcement | EQS News Service |
1745719 11-Oct-2023 CET/CEST