Report
Florent Laroche-Joubert

Societe Fonciere Lyonnaise : Very strong rental revenue growth at +10.2% on constant scope

>Rental revenue: positive effects of indexation and hotel sector recovery - SFL’s rental revenue came in at € 54.3m for Q1 2023, up 17.2% on current scope. Growth on constant scope, which was very high at 10.2%, was driven in large part by the hotel sector recovery following the end of the health crisis:On constant scope, rental revenue growth of € 4.1m (+10.2%) was related to indexation (+€ 1.6m, or indexation of +2.9%), the gradual upturn in activity at the ho...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch