Earnings release
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Paris , France , July 22 , 2021 Earnings at June 30 , 2021 RESULTS PRESS RELEASES Share on : Solidly positioned in a recovery context • Marked upturn in rental transactions , increase in the pipeline's pre - letting rate • EPRA Net Tangible Assets ( NTA ) of € 172.6 per share , up + 1.5 % over six months ( Net Disposal Value up + 2.8 % ) Ongoing portfolio rationalization , with € 453m of sales secured ( achieving an average premium of + 7.2 % vs. the end - 2020 values ) • LTV of 32.3 % ( including duties ) , -130bp over six months • Commitment adopted to be carbon neutral by 2030 ( CANOP- 2030 plan ) • 100 % of bond debt now based on Green Bonds • 2021 guidance affirmed ( € 5.3 of recurrent net income per share , with € 453m of sales ) Earnings at June 30 , 2021 Upturn in rental transactions in markets focused on centrality and scarcity • Over 115,000 sq.m of offices let , relet or renewed : more than double the volume from the first half of 2020 。 + 5 % reversion achieved ( + 23 % in Paris CBD and 5/6/7 ) on the leases signed during the first half of 2021 。 Potential positive reversion of around + 14 % for Paris ' Central Business District , + 10 % for the rest of Paris and + 5 % for the entire portfolio • Occupancy rate gradually normalizing