Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Paref SA ( (FR:PAR) ) has shared an update.
Paref SA has reported its 2024 full-year results, highlighting a slight increase in owned asset value and a decrease in financial occupancy rates. The company has shown resilience in third-party asset management, with a 4% increase in assets under management and a 17% rise in management fee revenues. Strategic developments include a lease renewal in La Défense, assistance to Parkway Life REIT in its European portfolio acquisition, and the initiation of fund management activities in Italy. Paref has launched a property management subsidiary, SOLIA Paref, and renewed its fund range to enhance distribution rates. The company proposes maintaining a dividend of €1.5 per share for 2024, with a focus on sustainable portfolio management and expanding its ‘ONE-STOP-SHOP’ offering for 2025.
More about Paref SA
Paref SA operates in the real estate industry, focusing on real estate investment and management services. The company is involved in REIT activities and third-party asset management, with a market focus on expanding its European operations and optimizing its portfolio.
YTD Price Performance: 0.78%
Average Trading Volume: 25
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €57.76M
See more data about PAR stock on TipRanks’ Stock Analysis page.