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Patrimoine & Commerce: Q1 2026 Financial Results
Patrimoine & Commerce reported a gross rental income of €14.6 million for the first quarter of 2026. This marks a 1.6% increase compared to the same period in 2025. The growth is attributed primarily to a modest like-for-like rise of 0.1%, driven by contractual rent indexation offset by temporary tenant movements, and the full-year effect of recent acquisitions and disposals.
In Q1 2026, the company continued to divest non-strategic assets, including the sale of a property in Hénin-Beaumont for €3.2 million, aligning with its valuation.
Founder Eric Duval remarked that the results confirm the company's strong rental performance. He emphasized proactive portfolio management and targeted asset divestment as key strategies.
Upcoming events include the Annual General Meeting on June 11, 2026, and the release of First-Half 2026 results on July 23, 2026.
R. P.
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