Covivio : Management confident of its targets in offices despite limited visibility to date
>Strong momentum in German residential and hotels vs a fall in the office occupancy rate - Covivio’s rental income group share in Q1 came to € 153.9m (+4.1% y-o-y), broadly in line with our expectations (€ 157.8m est.) and up 11% like-for-like, with a fall in the occupancy rate to 95.2% vs 96.6% at end-2022 reflecting occupancy in offices:Offices (55% of the portfolio): rental income was up +5.1% l-f-l thanks to a strong acceleration in indexation to +4.8% (vs +2...Fonciere des Regions is a long-term real etaste investor with a focus on office assets. Co.'s portfolio includes investment properties and properties under development. Co. holds a range of real estate assets, to collect lease payments and benefit from appreciation in the assets held. Co.'s activities can be divided into five segments: Office Markets in France; Office Markets in Italy; Logistics; Business Premises; and Car Parks.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.