on SELECTIRENTE (EPA:SELER)
SELECTIRENTE strengthens its presence in Paris with two strategic acquisitions
SELECTIRENTE, the only listed French real estate company specializing in local retail properties, recently acquired two retail portfolios in Paris and its inner suburbs. These acquisitions include 10 retail properties for a total investment of nearly €11 million, offering an immediate yield of approximately 6.8%.
The first portfolio, worth €3.6 million, includes four retail properties in Paris and Levallois-Perret. The second portfolio, valued at €7.3 million, consists of six retail properties with an additional office space. Located in busy neighborhoods, including spaces leased to Picard Surgelés and Carrefour City, this portfolio offers a yield of over 7%.
Since the beginning of 2025, SELECTIRENTE has invested €13.2 million in line with its strategy, and plans further investments imminently. This momentum reflects an active return to acquisitions, with future projects in Paris and other major cities.
R. H.
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