The company’s revalued property portfolio amounted to €234.2m at 31 December 2017, i.e. an increase of 1.0% from the previous year.
The portfolio comprises:
- commercial leasehold properties acquired directly for an amount of €223.3m (appraised value excluding fees),
- indirect real estate investments consisting of shares in French REITs (SCPI and OPCI) amounting to €10.9m.
The directly-owned property portfolio of Selectirente comprises 347 commercial leasehold properties. It consists mainly of city centre shops in Paris and the Paris area, and breaks down as follows:
Our property portfolio in pictures
* Appraised value excluding fees