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"It is important to stress that Primonial REIM France posted satisfactory results in 2023"

Like many asset management companies, Primonial REIM has had to deal with a severe deterioration in the macroeconomic environment, which has led to a fall in the value of its property assets and created liquidity challenges for its vehicles. Nevertheless, Grégory Frapet, Chairman of the Management Board of Primonial REIM France, is satisfied with the operational performance of his portfolio. He talks to Business Immo about a turbulent year and outlines his roadmap for 2024, which includes a disposal plan and a new product in the pipeline.

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Business Immo: The discourse surrounding property management companies, and SCPIs in particular, has been particularly negative over the past year, which has been marked (...)

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