SELECTIRENTE maintains its financial performance in 2024

SELECTIRENTE closed 2024 with solid financial and operational performance, driven by a thoughtful strategy and a strengthened financial structure. The company saw its IFRS net income jump to €28.6 million, supported by the revaluation of its real estate portfolio and significant gains on the sale of properties.

SELECTIRENTE's portfolio, valued at €576 million, shows continued growth of 1.6% on a like-for-like basis. Despite a 1.9% drop in gross rental income, the company managed to maintain an average financial occupancy rate of 94.1%.

The group's debt structure was strengthened in 2024, thanks to an 80 million euro refinancing operation, converted into a sustainability-linked loan, making it possible to control debt costs and extend its maturity.

For 2025, SELECTIRENTE plans to strengthen its strategic positioning by pursuing selective investments while optimizing rental management to create long-term value.