SFL – First-Half 2024 Results [Yahoo! Finance]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Portfolio value (excluding transfer costs): €7,406m (up 1.0% vs. end-2023, as reported) Occupancy rate: 99.8% (100% for offices) EPRA NTA: €85.0 per share The consolidated financial statements for the six months ended 30 June 2024 were approved by the Board of Directors of Société Foncière Lyonnaise ("SFL") on 23 July 2024, at its meeting chaired by Pere Vinolas Serra. These financial statements reflect sharp growth in operating profit, stable portfolio appraisal values and a significant increase in EPRA earnings. The occupancy rate remained at an exceptionally high 99.8% and properties let during the period commanded increasingly high rents, attesting to the attractiveness of prime Paris office properties and the quality of SFL's business model. This is a very interesting time in the market – our appraisal values are holding firm after falling steadily over the past 18 months and our rental income is rising. These encouraging performances, in a still very uncertain environ
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