Carmila : Performances (activity + negotiations) broadly in line with our expectations
>Operational performance broadly in line with its peers - Carmila on Friday evening reported 9M 2020 net rents of € 227m (-9.6% y-o-y), in line with our trajectory (€ 218.1m est.) after restating for 50% of the provision expected at end-H2 regarding rent adjustments in H2 (€ 19m est. vs € 16-20m expected by Carmila). Carmila's operating performance is broadly in line with that of its peers which have already reported their results, with footfall in Q3 down by 12....Carmila SA, formerly Cardety SA, is a France-based company that operates in the real estate investment sector. The Company is primarily engaged in the acquisition, holding and managing of commercial real estate assets for lease. The Company's real estate assets include a supermarket under the ED brand in Forges-les-Eaux, a shopping center in Pau Lescar, a retail park in Mondeville, a shopping mall in Besancon Chalezeule, a building complex in Salaise-sur-Sanne and a business park project in Quetigny.
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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