(Boursier.com) — Bleecker publishes its half-yearly consolidated financial statements as of February 28, 2023, i.e. for the period from September 1, 2022 to February 28, 2023. Thus over the period, Bleecker’s net income is -8.28 million euros (Group share), compared to +1.96 ME as of February 28, 2022.
The total of the consolidated balance sheet amounts to 738.95 ME (748.12 ME as of February 28, 2022).
Consolidated shareholders’ equity, Group share, amounted to €318.33 million (€333.73 million at February 28, 2022).
Outlook
Bleecker is adapting its investment policy in Paris office buildings as well as in parks and recent business premises in Ile de France, taking into account the macroeconomic and international situation.
Nevertheless, with a portfolio of essentially Parisian and restructured assets and benefiting from a high occupancy rate, Bleecker remains attentive to market opportunities concerning very good quality secure assets, recent business premises, strategically located and presenting a synergy with the assets already acquired by the Group; as well as those with strong value creation.
Bleecker is pursuing its strategy of enhancing its assets and consolidating its debt by seizing bank financing opportunities with a view in particular to refinancing and securing existing debt. Bleecker also remains likely to continue its arbitrage of mature or non-strategic assets, in order to invest in new real estate projects.
Bleecker remains confident in the pursuit of its strategy, thanks to its positioning. Given the economic context generated by the macroeconomic and international situation, Bleecker nevertheless reserves the right to study other investment theses.
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