Report
Florent Laroche-Joubert

Societe Fonciere Lyonnaise : More strong operational momentum in Q3 2024

>9M 2024 l-f-l rental income up 7.4% y-o-y on a reported basis at € 186.8m - SFL generated rental income of € 186.8m in 9M 2024, up 8.9% on a reported basis (i.e. +11.1% in Paris CBD and +1.9% in Paris Other and Western Crescent): On a like-for-like basis, rental income rose by € 11.9m, i.e. +7.4% y-o-y, in line with the growth momentum seen in H1: this performance is attributable to a sustainably high level of indexation (+€ 6.9m), as well as the impact of new l...
Underlying
Societe Fonciere Lyonnaise SA

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.

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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