Patrimoine et Commerce: insider trades · France · AMF

About Patrimoine et Commerce

PATRIMOINE ET COMMERCE is a listed real estate company on Euronext Paris (ISIN: FR0011027135, ticker: PAT) focused on commercial property, with a highly targeted strategy centered on low-cost retail parks. The group owns and operates a portfolio mainly made up of modern retail assets, located on the outskirts and in the centers of medium-sized towns across France. As of December 31, 2025, its portfolio exceeded 561,000 square meters of retail space, making it one of the leading players in this niche segment in the French market. The company was built from 2010 onward around a long-term strategy combining acquisitions, development and portfolio optimization. Its corporate history includes the establishment of governance structures, an initial fundraising round, the 2012 combination with Foncière Sepric, and the 2015 merger absorption of Foncière Sepric. The company’s Group page also highlights a disciplined growth plan based on carefully selected assets and on increasing the critical mass of each retail park to improve commercial appeal. Its business model is based on rental income, asset management, leasing and selective development projects. The group emphasizes strong occupancy levels, generally close to 100% for several years, as well as an attractive tenant base for retailers seeking visibility, accessibility and strong catchment areas. Its locations are typically designed to capture recurring footfall and serve everyday consumer demand in regional urban areas. From a financial standpoint, fiscal year 2025 confirmed the resilience of the model, with gross rental income up to €57.6 million, funds from operations (FFO) of €33.4 million and net profit, group share, of €41.9 million. The Board has proposed a dividend of €1.40 per share for 2025, up 3.7% versus 2024. These figures underline a company oriented toward recurring income generation and shareholder returns. Overall, Patrimoine & Commerce is a French retail-property specialist with a focused geographic footprint, a clear niche in retail parks, and a long-term value-creation strategy supported by institutional and family shareholders.