Report
Florent Laroche-Joubert

Covivio : Very strong operating momentum in Q3, encouraging going forward

>Organic growth ramps up at +6.8% at constant scope vs +6.5% at constant scope in H1 2024 - Organic growth in Covivio’s group share rental income accelerated in Q3 to +6.8% vs 6.1% for revenues at € 508.8m in 9M 24 (+4.9% y-o-y vs +1.9% in H1). At constant scope (cs), this acceleration is due mainly to the increase in the occupancy rate (+20bp q-o-q) notably in offices, as well as in variable revenues in hotels (+10.4% in 9M) but also an improvement in the German resi...
Underlying
Covivio SA

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.

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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