on PATRIMOINE ET COMMERCE
Heritage & Commerce: Annual Results 2024
Patrimoine & Commerce has revealed its results for the year 2024, marked by a solid performance. The net result group share increased by 41.1%, reaching 41 million euros. Gross rental revenue amounted to 52.6 million euros, up 4.1% compared to 2023.
The valuation of the properties reached €903.8 million, marking an increase of 5.3%. The company also announced the payment of a dividend of €1.35 per share. The LTV ratio improved to 43.1%, providing significant investment capacity.
Eric Duval, Founder and Manager, highlights the company's continued growth, reinforced by the entry of Crédit Agricole Centre France into the capital. The development strategy in low-cost retail parks continues, while integrating initiatives for the energy transition.
R. P.
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