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The Company’s Board of Directors proposed at the General Meeting on April 27, 2023 a dividend of Euro 0.96 per share for 2022, representing 85% of FFO for the year, offering a yield of 4.6% on the NDV of Euro 20.94 per share at end-2022 and 9.8% on the year’s closing price.


This dividend is based on the distribution requirement with the SIIC tax status concerning exempt profits from:

- property rental or sub-letting operations (including dividends paid by the subsidiaries subject to the SIIC system), i.e. Euro 0.71 per share;

- the distribution based on 70% of exempt profits for 2022 from the disposal of properties and investments in real estate companies, i.e. Euro 0.05 per share;

- the distribution of exempt income recorded on the Company’s balance sheet for Euro 0.20 per share.


The ex-dividend date is May 2, 2023, and the payment of the dividend is May 4, 2023.