{"id":1071,"date":"2019-02-22T08:00:00","date_gmt":"2019-02-22T07:00:00","guid":{"rendered":"https:\/\/vitura.fr\/press\/resultats-annuels-2018\/"},"modified":"2021-06-28T10:26:29","modified_gmt":"2021-06-28T08:26:29","slug":"resultats-annuels-2018","status":"publish","type":"post","link":"https:\/\/vitura.fr\/en\/press\/resultats-annuels-2018\/","title":{"rendered":"2018 Annual Results"},"content":{"rendered":"<p>CEGEREAL ACTIVELY PUSHES AHEAD WITH ITS GROWTH STRATEGY IN 2018<\/p>\n<ul>\n<li><strong>Acquisition of the Passy Kennedy office property<\/strong><\/li>\n<li><strong>Sharp increase in the occupancy rate to 96.1%<\/strong><\/li>\n<li><strong>\u20ac35.2 million in recurring cash flow<\/strong><\/li>\n<li><strong>\u20ac2.3 per share distribution<\/strong><\/li>\n<\/ul>\n<p>J\u00e9r\u00f4me Anselme, Chief Executive Officer of Cegereal, commented:<em>\u00a0\u201cThe performance of Cegereal\u2019s teams in 2018 enabled us to deliver results in line with the ambitious objectives set in 2017. The acquisition of Passy Kennedy illustrates our selective acquisition strategy focused on Paris \u2013 an area with strong potential for rental income growth \u2013 and brings our portfolio value to \u20ac1,409 million, up 20.5% year on year. Our rental activity remained robust in 2018, as illustrated by the leases signed with the European Banking Authority and KPMG for 10,000 sq.m of space in the Europlaza building. These new leases come less than a year after the units were vacated and help to drive a sharp increase in the occupancy rate to 96.1%. We are confident about the year ahead and intend to continue on our path of controlled growth that creates value for our shareholders, leveraging our strategy of investing in our assets.\u201d<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>CEGEREAL ACTIVELY PUSHES AHEAD WITH ITS GROWTH STRATEGY IN 2018 Acquisition of the Passy Kennedy office property Sharp increase in the occupancy rate to 96.1% \u20ac35.2 million in recurring cash flow \u20ac2.3 per share distribution J\u00e9r\u00f4me Anselme, Chief Executive Officer of Cegereal, commented:\u00a0\u201cThe performance of Cegereal\u2019s teams in 2018 enabled us to deliver results in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/vitura.fr\/en\/press\/resultats-annuels-2018\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;2018 Annual Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":1046,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[11,1],"tags":[],"class_list":["post-1071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases-newsroom","category-press"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - 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