Societe Fonciere Lyonnaise : A decent quarter pending the recovery!
>A resilient performance (+1.9% at constant scope) - Société Foncière Lyonnaise (SFL), an 82%-owned subsidiary of Colonial, posted decent first quarter figures with rental income of € 44.2m (-5.3% y-o-y) in a context still marked by the health crisis:Growth at constant scope came to +1.9% y-o-y, outperforming peers, and as we understand it is attributable to slightly positive indexation and the signing/renewal of leases in the past year. The occupancy rate was st...Societe Fonciere Lyonnaise purchases, renovates, develops, and manages urban properties in a real estate portfolio located primarily in Paris, France. Co. divides its operation into two segments: Property rental services & Sales. Co.'s geographic segments comprise: Paris Central Business District, comprising the Golden Triangle and the Financial District, spanning parts of the 1st, 2nd, 9th, 8th, 16th and 17th arrondissements of Paris; Western Crescent, located West of Paris on the other side of the Boulevard P?riph?rique ring-road, comprising Neuilly, Boulogne, Issy-les-Moulineaux and Levallois; and Others corresponding to the rest of Paris, outside the Central Business District.
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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