Overview Key strengths Key risks Good predictability and cash flow generation are supported by resilient residential assets located in large metropolitan cities where demand remains solid and new supply limited. A flexible financial policy could lead to unexpected events in the next 24 months, such as a significant asset acquisition or major transaction that would increase leverage. A diverse €6 billion portfolio as of Dec. 31, 2024, spread across 20,072 apartments in various countries and cities--the largest being London, Toronto, and Montreal, each representing 17% of the portfolio value. Average debt maturity of 2.7 years as of Dec. 31, 2024, below our three-year requirement for real estate companies. A good operational track record, with a high occupancy rate of 98.1%
