With the exception of one acquisition by LF Opportunité Immo, La Française REM's SCPIs mainly arbitrated assets in the 4th quarter of 2024. This strategy is in line with the €500 million disposal plan to be completed by the end of 2024, revealed last May to Business Immo by Philippe Depoux, Chairman of the management company. In the end, La Française REM completed around 400 M€ of disposals in fiscal 2024. And it has adopted a "new arbitration plan" for 2025, "of a similar amount".