Earnings release
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SH SOCIETE FONCIERE LYONNAISE SFL - Third - Quarter 2021 Financial Information Rental income : € 130.0 million Consolidated revenue by business segment ( € 000's ) Rental income o / w Paris Central Business District Paris Other Western Crescent Other revenue Total consolidated revenue PRESS RELEASE Paris , 3 November 2021 2021 2020 ( 9 months ) ( 9 months ) 129,982 137,667 105,571 121,877 22,842 25,786 1,569 1,407 0 0 129,982 137,667 Consolidated rental income for the first nine months of 2021 amounted to € 130.0 million , down € 7.7 million or 5.6 % from the € 137.7 million reported for the same period of 2020 : On a like - for - like basis ( i.e. , excluding all changes in the portfolio affecting period - on - period comparisons ) , rental income climbed € 2.9 million , up 2.4 % , buoyed by higher rental income from the Edouard VII , Rives de Seine and 106 Haussmann properties . Rental income from units being redeveloped or renovated in the periods concerned was down by € 6.1 million , due to the renovation of several floors that were vacated in late 2020 , mainly in the Cézanne Saint - Honoré and Washington Plaza buildings , partially offset by initial revenues from the 83 Marceau property . The sale of the 112 Wagram and 9 Percier buildings in early 2021 led to a € 4.5 - million contraction in rental income for the period . The rent recovery rate currently stands at 98 % , a very satisfactory level , confirming that the vast majority of SFL's clients are seeing a return to normal levels of activity . SFL - Thomas Fareng - T +33 ( 0 ) 1 42 97 27 00-t.fareng@fonciere-lyonnaise.com Evidence - Grégoire Silly - T +33 ( 0 ) 6 99 10 78 99 - gregoire.silly@evidenceparis.fr www.fonciere-lyonnaise.com