ALTAREA (FR:ALTA) has released an update.
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Altarea reported robust financial performance in Q3 2024, with rental income rising by 7.1% and a high occupancy rate of 97.1% in its retail sector. Despite a decline in residential orders due to low supply levels, the company is advancing its business property initiatives with major lease agreements in Paris. The acquisition of Préjeance Industrial and increased asset inflows underscore Altarea’s solid financial positioning and strategic growth.
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