Report
Florent Laroche-Joubert

Altarea Cogedim : Minority shareholders confident in the Altarea Cogedim model

>92% of shareholders opt for payment of the dividend half in cash and half in shares - Altarea Cogedim’s minority shareholders have expressed confidence in the business model of the leading property developer in the regions in France. 92.6% of them opted to receive payment of the dividend half in cash and half in shares vs the option of full payment in cash. 599,627 new shares will therefore be created, delivered and listed for trading on 4 July and dividends in cash ...
Underlying
Altarea SCA

Altarea Cogedim is a real estate investment trust and development company. Co. is an active operator in the three main segments — retail, residential & office-hotels property — with the ability to design, develop, market & manage custom-tailored real estate products. In the Retail segment, Co. is active in real estate investment, development, asset management, providing services to third-party customers. In the Residential segment, Co. is a residential property developer. In the Office Property segment, Co. is a global operator active in all commercial property formats: high-rise buildings, business districts, corporate headquarters, renovation projects, green districts & luxury hotels.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Florent Laroche-Joubert

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