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21 Apr 2023
Q1 shows that central positioning pays off, once again
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Q1 shows that central positioning pays off, once again
Rental income stood at EUR 166.7m, up 7.3% YoY on a LfL basis, driven by accelerating indexation (+4.2%), increase in occupancy rate (+1.7%) and rental reversion captured (+1.4%). Strong performance in Paris City offices, with 31% reversion achieved.2022 recurrent net income per share guidance reiterated at EUR 5.80-5.90 (+4.3-6.1%).The company hosts a conference call today at 9:00 CET. ‘Buy' reiterated.More details in our Note published this morning