PATRIMOINE ET COMMERCE: 2025 Annual Financial Overview

Patrimoine & Commerce has reported solid financial results for 2025. The company saw an 8.8% increase in funds from operations, reaching €33.4 million. Gross rental income rose by 9.4% to €57.6 million, attributed to acquisitions and rental indexation. The net profit for the group share also went up by 2.4% to €41.9 million.

Portfolio valuation slightly increased by 0.6% to €909.4 million, maintaining a stable capitalization rate of 7.5%. The company achieved a high financial occupancy rate of 95.6%, with a 99% rent collection rate. Despite a rise in operating expenses, the net rental income climbed to €52.9 million.

In 2025, Patrimoine & Commerce made strategic investments totaling €18.3 million, including acquisitions and unit constructions. Asset disposals amounted to €11.2 million. Despite an increase in net debt, the loan-to-value ratio reduced to 42.7%. The dividend per share rose to €1.40, translating to a 6.0% yield on the stock price.