ALTAREA 
By
Cash flow and dividend growth targets achieved in 2011 and
renewed for 2012
Strategy roll-out in all markets
Paris, March 5, 2012, 6:00 pm. The Supervisory Board, meeting today, examined the consolidated accounts for the year 2011, presented by Management. The consolidated accounts have been audited. The certification report will be issued once procedures required in order to publish the annual financial report have been executed.
Altarea Cogedim marries the recurrent income of a retail property company with the added value of a developer active in the three main real-estate markets (Retail, Residential and Office).
Thanks to this complementary strategy, all financial indicators are up in 2011, notably Funds from Operations, which grew by more than 10% for the 8th consecutive year since the Altarea Cogedim group went public, despite challenging conditions.
" In contrast with the international economic and financial situation, 2011 was another year of acceleration for our businesses overall. We confirmed our positions and the strength of our business model, which enables us to combine recurrence and added value under optimized risk conditions. We also continued to implement our strategic plan in our core activities. In Retail, we continued to concentrate our asset base on regional shopping centers and large retail parks with the Family Village® concept. Also, with the acquisition of RueDuCommerce we became the first multi-channel property company, by integrating e-commerce into our revenue model. In Residential, we continued to gain share in spite of a down market. Lastly, we reinforced our investment potential in Office property to position ourselves for the coming new cycle. In each of its markets Altarea Cogedim has staked out a differentiating competitive position based on innovation, brand image and technology. It is this positioning which drives our financial performance and which will enable us to generate funds from operations and dividend growth of over 10% in 2012."
Alain Taravella, President and Founder of Altarea Cogedim
2011 annual results and business review Altarea Cogedim
2011 annual and sustainable development report
Strategy roll-out in all markets
Paris, March 5, 2012, 6:00 pm. The Supervisory Board, meeting today, examined the consolidated accounts for the year 2011, presented by Management. The consolidated accounts have been audited. The certification report will be issued once procedures required in order to publish the annual financial report have been executed.
Altarea Cogedim marries the recurrent income of a retail property company with the added value of a developer active in the three main real-estate markets (Retail, Residential and Office).
Thanks to this complementary strategy, all financial indicators are up in 2011, notably Funds from Operations, which grew by more than 10% for the 8th consecutive year since the Altarea Cogedim group went public, despite challenging conditions.
" In contrast with the international economic and financial situation, 2011 was another year of acceleration for our businesses overall. We confirmed our positions and the strength of our business model, which enables us to combine recurrence and added value under optimized risk conditions. We also continued to implement our strategic plan in our core activities. In Retail, we continued to concentrate our asset base on regional shopping centers and large retail parks with the Family Village® concept. Also, with the acquisition of RueDuCommerce we became the first multi-channel property company, by integrating e-commerce into our revenue model. In Residential, we continued to gain share in spite of a down market. Lastly, we reinforced our investment potential in Office property to position ourselves for the coming new cycle. In each of its markets Altarea Cogedim has staked out a differentiating competitive position based on innovation, brand image and technology. It is this positioning which drives our financial performance and which will enable us to generate funds from operations and dividend growth of over 10% in 2012."
Alain Taravella, President and Founder of Altarea Cogedim
2011 annual results and business review Altarea Cogedim
2011 annual and sustainable development report
