Immobiliere Dassault SA Stock: price and directors' dealings · France · AMF

About Immobiliere Dassault SA

Immobilière Dassault SA is a listed property company headquartered in Paris, specializing in the ownership, management and long-term enhancement of high-quality real estate assets, mainly office and retail properties. The company is positioned as a prime real estate investor, focused on the most desirable locations in central Paris and its inner suburbs. Its strategy is built around scarcity value, strong tenant quality and value creation through disciplined asset management. Immobilière Dassault is one of the real estate investment vehicles associated with the Dassault family group, and all of its revenue is generated in France. The company’s history is closely tied to the Dassault industrial and family heritage. Its current form dates back to 1999, when Finalens was renamed Immobilière Dassault following the acquisition of several properties from entities within the Dassault family group. A major milestone came in 2006, when the company adopted SIIC status, a key step in its evolution as a listed real estate investment trust-like platform. Since then, the group has steadily refocused its portfolio on prestigious buildings located in the strongest and most liquid submarkets of Paris, emphasizing prime addresses with resilient demand and long-term revaluation potential. Its core business consists of owning a selective portfolio of office and retail buildings, while continuously investing in refurbishment, redevelopment and environmental upgrades. The company actively manages leasing, renegotiates leases and improves asset performance in order to support rental income, occupancy and appraisal values. At the end of 2024, the portfolio comprised 14 assets covering 36,298 sqm of usable floor area, with a market value of EUR 877.1 million excluding transfer taxes. All revenues are generated in France. Immobilière Dassault stands out for its highly selective acquisition strategy targeting prime assets, often iconic properties, as illustrated by recent transactions in Paris, including around the Champs-Élysées, Rue de Rivoli and the Monceau district. The company also places increasing emphasis on environmental performance, which has become a key driver of value in the premium office market. Its governance and shareholder base reflect a strong industrial and patrimonial foundation, with the Groupe Industriel Marcel Dassault among its principal shareholders. On the stock market, Immobilière Dassault is viewed as a patrimonial real estate value: relatively illiquid, but appreciated for the quality of its assets, investment discipline and near-exclusive exposure to the high-end Paris real estate market.