Patrimoine et Commerce (FR:PAT) has released an update.
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Patrimoine & Commerce reported a 5.6% increase in gross rental income for the first nine months of 2024, reaching €39.5 million, driven by rent indexation and reduced Covid-19 rent-free period amortizations. The company successfully continued its asset rotation policy and remains confident in its economic model, focusing on low-cost retail parks in France.
For further insights into FR:PAT stock, check out TipRanks’ Stock Analysis page.
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