PATRIMOINE & COMMERCE

In line with its rapprochement with Foncière Sepric and relying on an already identified deal-flow, Patrimoine & Commerce's ambition is to reach a value of 1 billion euros. At the same time, Patrimoine & Commerce is carrying out an arbitrage policy in relation to its asset portfolio which is illustrated by a gradual disposal of tertiary assets from the scope and arbitrage, in the medium term, of commercial assets that have reached maturity. This real estate strategy is based on a policy of secured and prudent financing of the assets... Backed by a pipeline of well-defined projects of 270m over the next 4 years, Patrimoine & Commerce is targeting a portfolio of nearly one billion euros... Listed on Euronext in Paris, Patrimoine & Commerce owns and operates a portfolio of real estate assets consisting primarily of recent retail areas, located on the outskirts and in the centres of medium-sized towns and cities around the whole of France. Made up of retail parks and city centre shopping..

Primary location: Paris France