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Relocations and rent increases: the Immorente SCPI gamble

Le 80 rue de Prony, Paris 17e (CoStar)
Le 80 rue de Prony, Paris 17e (CoStar)
By La rédaction Business Immo
June 18, 2024 | 9:44 AM

Translated from French.

In a press release, Sofidy's SCPI Immorente reports that it has completed three "exemplary" relocations, resulting in "significant rent increases". In recent weeks, for example, the Tikehau Capital subsidiary has re-let a 44 m² retail space to a fast-food company at 80 rue de Prony, in the 17th arrondissement of Paris. Sofidy reports a significant rent increase of 24.7%.

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