on SELECTIRENTE (EPA:SELER)
1st quarter 2025 performance for SELECTIRENTE
SELECTIRENTE continues its solid operational performance, with a 3.0% like-for-like increase in rents compared to the first quarter of 2024. The financial occupancy rate also improved, reaching 95.2% compared to 94.4% in the previous quarter. Despite a slight decrease in revenue of €7.6 million compared to the previous year, rents remain stable.
The company has taken strategic steps to optimize its portfolio, investing in new assets in Paris and Rouen and selling certain properties in Lyon and elsewhere. A dividend of €4.10 per share for 2024 is proposed, marking an increase from 2023.
R. H.
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