Weighed down by the difficulties encountered by peripheral office markets, particularly in La Défense, SCPI Primopierre has seen the value of its assets under management fall by 12.4%, according to the latest appraisal as at June 30, 2024. Combined with the multiplier effect of the fund's indebtedness, this discount translates into an 18.2% drop in its reconstitution value. As a result, Praemia REIM France, the fund manager, cut the subscription price by a quarter, from €168 to €126. The unit prices of its other SCPIs remain unchanged.
Why SPCI Primopierre's unit price has corrected by a further 25%.
In an exclusive interview, Marc Bertrand, Chairman of the Management Board of Praemia REIM France, explains the situation of his "pure office" fund.
Business Immo
October 9, 2024 | 4:18 P.M.
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