sur PAREF (EPA:PAR)
Resilience and expansion: PAREF results for the first quarter of 2025
In the first quarter of 2025, PAREF recorded consolidated revenue of €5.9 million. Management fees increased by 2% compared to the same period in 2024, thanks to fund management. However, subscription fees fell by 21% due to continued low inflows in the market. Gross rental income also fell by 39%, mainly impacted by disposals and a rent exemption.
PAREF continues its expansion in Europe, notably with the management of a portfolio of retirement homes for Parkway Life REIT and the NAU! project in Frankfurt. The group is distinguished by its inclusion in Décideurs Magazine's "Excellent" ranking. It affirms its ambition to become a leading player in European real estate management, focusing on sustainability and expansion.
R. P.
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