Altarea Cogedim : Solid foundations to continue growing!
>A sound position for the group pre-lockdown - Buoyed by strong momentum until mid-March, Q1 2020 sales for Altarea (€ 566m; -4.4% y-o-y) came in only slightly lower and reflect the group’s sound position ahead of the lockdown:Retail (32% of FFO 2019; sales € 61.6m +11% y-o-y): after the refocusing carried out of late around its four new strategic formats (large shopping centres; travel retail; retail parks; and convenience), Altarea posted growth in footfall and...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.
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.
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