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13 February 2012

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French REIT Tour Eiffel posts 15% rise in first quarter turnover

French REIT/SIIC Société de la Tour Eiffel posted a 15% rise in first quarter consolidated turnover to e20.6m compared with first quarter 2007, of which e18.2m represented rental income, up from e16.5m in 1Q07. The rise stems mainly from acquisitions made in 2007, comprising six business parks owned by Parcoval, and also at the beginning of 2008 in Saint-Cloud and Amiens.

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