Vitura Reports Significant Leasing Success and Steady Financial Performance

In a press release dated May 14, 2025, Vitura (Paris: VTR) announced the signing of a major new lease with BPCE Group for 15,500 square meters at its Rives de Bercy property. This transaction, which represents 50% of the property’s total surface area, marks a pivotal moment in the company's strategy to reposition its assets. Following the successful arrival of Air Liquide in 2024, this latest lease further underscores the appeal of Rives de Bercy as a prime office location in Greater Paris.

The signing is particularly noteworthy as it constitutes the largest recorded lease transaction in the Greater Paris area for the first quarter of 2025. This achievement reflects Vitura's effective asset strategy and its ability to cater to the office space needs of both large and medium-sized international firms.

Vitura's recent leasing activity has led to a significant boost in occupancy rates at Rives de Bercy, climbing to 71%. This marks an increase in the average remaining lease term across Vitura's portfolio to six years. Furthermore, the overall occupancy rate for the group's properties improved by 9 percentage points, rising from 69% at the end of 2024 to 78% as of March 31, 2025. This upward trend in occupancy is indicative of the company's strategic focus on high-quality assets and its commitment to meeting market demand.

For the first quarter of 2025, Vitura reported an IFRS rental income of €10.9 million, which remained stable compared to the same period in 2024. This consistency in rental income suggests that the company has managed to sustain its revenue generation despite fluctuating market conditions.

The filing of the Universal Registration Document, which includes the 2024 annual financial report, was completed on April 30, 2025, and is now available on Vitura's website. This document provides detailed insights into the company’s financial health and operational strategies, reinforcing its transparency to investors and stakeholders.

Vitura has outlined its upcoming investor calendar, which includes key dates for shareholders:

These events will provide shareholders with an opportunity to engage with company leadership and gain deeper insights into future strategies and performance expectations.

Founded in 2006, Vitura is a publicly listed real estate investment trust (REIT) focused on prime office properties in Paris and the Greater Paris region. As of December 31, 2024, the total value of Vitura's portfolio was estimated at €877 million, excluding transfer duties. The company is recognized for its commitment to sustainable development and ranks second among France’s listed office property companies in the 2024 GRESB ranking, having achieved the title of world number one on four occasions.

Vitura has also been acknowledged for its transparency in financial and non-financial reporting, receiving two Gold Awards from the European Public Real Estate Association (EPRA). The company holds an ISO 14001 certification, further emphasizing its dedication to environmental management.

For more details about Vitura, interested parties can visit the company’s website.

This press release highlights Vitura's strategic achievements and ongoing commitment to growth in the competitive real estate market, illustrating a positive trajectory that investors can closely monitor.