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13 February 2012

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French REIT Silic boost 2009 net 15%, raises dividend

French industrial park REIT/SIIC Silic, 43% controlled by insurer and financial services group Groupama, reported a near 15% rise in net profit to E44.7m in 2009, with rental income up 7.9% to to E168m. The board proposed a dividend of E4.65 per share, up from E4.30 in 2008, and the group intends to maintain steady dividend growth in 2010. (See upcoming PIE editions for full story)

 

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