The Q1 23 is almost the last quarter of accelerated consolidated catch-up attributable to a strong positive base effect from the Hotels division. Inflation is supporting rents in German residential and Offices but the vacancy rate for the latter surpassed the unprecedented 10% mark in France in Q1 23.

20 Apr 2023
Racing German Residential rents. Too fast.

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Racing German Residential rents. Too fast.
Covivio SA (COV:PAR) | 0 0 2.3% | Mkt Cap: 6,604m
- Published:
20 Apr 2023 -
Author:
Christian Auzanneau -
Pages:
4 -
The Q1 23 is almost the last quarter of accelerated consolidated catch-up attributable to a strong positive base effect from the Hotels division. Inflation is supporting rents in German residential and Offices but the vacancy rate for the latter surpassed the unprecedented 10% mark in France in Q1 23.