ICADE : UBS remains Buy after the trading update
From this publication, the broker highlights that "indexation continues to drive positive like-for-like rental variation", while "markets are still facing challenges".
In the summary of its note, it also points to a performance gap that "has never been so wide between 'well-positioned' offices (+5.1% on a comparable basis) and offices in need of repositioning (-16.9% on a comparable basis).
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