Immorente Invest: Revenue Up 8% by the End of September 2025

Immorente Invest's portfolio consists of premium assets leased to renowned tenants such as Faurecia, Aptiv, SFC, FRI, Huawei, Saham Bank, and CNSS. The company delivered a built-to-suit factory for Skylla at the Atlantic Free Zone, with a total project investment exceeding 51 million dirhams by the end of Q3 2025. Revenue and rents increased by 8% due to the expansion of the asset portfolio, including the delivery of the Faurecia factory extension in Q4 2024 and the marketing of certain office assets at the end of 2024. Additionally, the social revenue for Q3 2025 stands at 9.1 million dirhams. As of the end of September 2025, consolidated revenue reached 63 million dirhams, compared to 58.4 million dirhams during the same period last year. The fund's Loan to Value (LTV) ratio is 26% as of September 30, 2025, with gross financial debt at 362 million dirhams and cash reserves of 27.3 million dirhams. For 2025, the company anticipates an 8% to 10% increase in revenue, driven by the expansion of its asset portfolio and the marketing of certain office assets that occurred at the end of 2024. Immorente maintains its forecast for Funds From Operations (FFO) at 5.3 dirhams per share by the end of 2025, equating to a yield of approximately 6%. Immorente plans to distribute the 2025 FFO of 5.2 dirhams per share in four quarterly payments: 1 dirham per share in April 2025, 2.2 dirhams per share in June 2025, 1 dirham per share at the end of September 2025, and 1 dirham per share expected on December 19, 2025.