Société de la Tour Eiffel's Mid-2026 Results Highlight Strategic Transformation

Société de la Tour Eiffel announced its mid-year results for 2026, underlining the completion of its first delivery cycle since 2022. Notable completions include the Syrah industrial asset in Bobigny and Rivage building in Puteaux, emphasizing the company's commitment to location and environmental performance.

Despite a challenging rental market, the company's gross rental income rose by 4.3% to €38 million, although the EPRA occupancy rate slightly declined to 71%. The company achieved a net consolidated result of -€23 million, a significant improvement from -€46 million the previous year.

The asset portfolio, valued at €1.6 billion, saw a slight decrease of 2.9% on a like-for-like basis, reflecting market conditions. The SMABTP Group's tender offer resulted in a 97% ownership, with plans for a mandatory squeeze-out. Société de la Tour Eiffel remains focused on asset diversification and sustainable development.