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CBo Territories : real estate results up sharply

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In the first half of 2024, gross rental income from CBo Territoria's tertiary economic assets increased by 8,3% to 14 million euros.

Net tertiary rents increase by 8,7% at 13,1 million euros, net rents generated by agricultural land and residential assets stand at 0,4 million at the end of June 2024. The recurring net income of the property company stands at 7,3 million euros, against 6,2 million in the first half of 2023 (+18,4 %) et 5,2 million in the first half of 2022. In the area of ​​promotion, CBo has decided not to launch new retail programs, taking into account the end of the Pinel system at the end of 2024. Reservations for the first half of 2024 are logically down sharply to 8,3 million euros (-56 %) composed almost entirely of building land. The turnover of the promotion stands at 21,2 million euros, down 25,5% compared to the first half of 2023.

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