24-10-2019
Activity at end-September 2019: 10.8% growth in revenueStrong revenue growth
- Revenue of €775 million and revenue Group share of €511 million, up +10.8% and +2.8% like-for-like
- France Offices: +3.2% like-for-like
- Italy Offices: +1.2% like-for-like
- Germany Residential: +4.0% like-for-like
- Hotels in Europe: +1.8% like-for-like
Successful development
- Pre-letting of 5,000 m² of offices by Siemens in the building IRO, located in the Malakoff-Montrouge-Chatillon business district
- Delivery of 6,500 m² of offices in Milan on via Principe Amedeo, 100% pre-let
- Delivery of Meininger Hotel Porte de Vincennes with 249 rooms, the first Meininger in France
Non-financial rating: A1+ maximum score obtained from Vigeo-Eiris
- Covivio is ranked 1st in its sector and 7th across all sectors in Europe and worldwide
Successful issue of the second Green Bond of €500 million
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12-year maturity and 1.125% coupon
Improvement in the average cost of debt and the maturity
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Géraldine Lemoine
Tél : + 33 (0)1 58 97 51 00
geraldine.lemoine@covivio.fr
Laetitia BaudonTél : + 33 (0)1 44 50 58 79
laetitia.baudon@shan.fr
Paul Arkwright
Tél : + 33 (0)1 58 97 51 85
paul.arkwright@covivio.fr
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Covivio SA published this content on 24 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 October 2019 17:16:10 UTC