REVENUE FOR THE FIRST 9 MONTHS OF 2018 UP 20%

16 Oct 2018

SUSTAINED ACTIVITY ACROSS ALL BUSINESS LINES

Large mixed-use projects 

  • Major progress at Issy Coeur de Ville, Toulouse Aerospace and Bezons Cœur de Ville


Residential 

  • New orders: continued gain in market shares with €1,901 million (+12%) i.e. 7,423 units (+9%)
  • Acquisition of the entire share capital of Histoire & Patrimoine, an expert in urban regeneration


Business Property 

  • Development: very strong operational activity (construction and deliveries)
  • Sale to CNP Assurances of Altarea Cogedim Group’s future head office (signing post closing)


Retail 

  • Rental income: €139 million (+ 1.9% on a like-for-like basis)
  • Sound asset management: financial vacancy rate and bad debts in sharp decline


Corporate Social Responsibility (CSR) 

  • GRESB "Green Star" status confirmed


Financial indicators 

  • 9-month consolidated revenue: €1,573 million (+ 20%)
  • Net financial debt: €2,703 million (vs. €2,801 million at 30 June 2018)
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