Societe Fonciere Lyonnaise : Performance buoyed by a very strong rental trend in Paris CBD
>Exceptional dividend of € 4.20 linked to operations in 2021 - Société Foncière Lyonnaise (SFL), a 98.3%-owned subsidiary of the group Colonial and representing 60% of the portfolio, on Friday evening published very solid full-year results reflecting robust rental momentum as of May 2021 for rental income of € 174.6m:Growth at constant scope was +3.0% y-o-y reflecting strong rental activity and the resulting improvement in the occupancy rate to 98% vs 93.7% at en...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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