Investment presentation Immobilière Dassault


Immobilière Dassault is a SIIC (French listed real-estate investment company) that has a portfolio of high-quality properties in the centre and inner suburbs of Paris.

In the last few years, Immobilière Dassault has continued its policy of refocusing on prime office and retail properties. In 2017, it acquired a building used for retail, office and residential purposes at 16 rue de la Paix (2nd arrondissement of Paris) for €36 million excluding taxes and transfer duties), and began projects to renovate buildings including 127 Champs Elysées (8th arrondissement of Paris) and 16 rue de la Paix.

At constant scope, rental income rose 1.7% year-on-year to €16.1 million in 2017, and the occupancy rate is 98% (93% including 16 rue de la Paix).

The increase in the value of the company’s portfolio (excluding transfer duties) positively impacted operating profit by €14.3 million in 2017. Net profit totalled €28.5 million. Management will propose an ordinary dividend of €1.24 per share to shareholders in the AGM.

FFP's Investment

In the first half of 2006, FFP and the Dassault family decided to transfer part of their real-estate assets to Immobilière Dassault.

FFP invest owns 19.7% of Immobilière Dassault.

The value of the shareholding, for the purposes of Net Asset Value and the consolidated financial statements, is based on the share price at 31 December 2017.

Jean-Philippe Peugeot is a member of Immobilière Dassault’s Supervisory Board.

Last update : 2017 December 31st