Patrimoine et Commerce Logo

Patrimoine et Commerce

ISIN: FR0011027135 | Ticker: PAT | LEI: 969500C2C11L0PTGRH11
Sector: Real EstateSub-Industry: Retail REITs
Country: France

About Patrimoine et Commerce

Company Description

Listed on Euronext in Paris, Patrimoine & Commerce owns and operates a portfolio of real estate assets consisting primarily of recent retail areas, located on the outskirts and in the centres of medium-sized towns and cities around the whole of France. Made up of retail parks and city centre shopping malls, Patrimoine & Commerce’s assets are highly attractive, with occupancy rates that have been close to 100% for several years.

Patrimoine & Commerce’s goal is acquire and develop commercial property assets based on selective investment criteria which combine dynamism with long-term vision:

High catchment areas
Visibility and accessibility of the locations
Quality of tenants
Local rental management
Attractive profitability rates

Year founded


Served area





7-9 Rue Nationale, 92100 Boulogne-Billancourt – France

Financial statements

Download as Excel
Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Assets N/A 882,131,000.00 920,640,000.00
Noncurrent Assets N/A 780,161,000.00 826,615,000.00
Investment Property N/A 770,987,000.00 815,402,000.00
Investment Accounted For Using Equity Method N/A 7,436,000.00 7,482,000.00
Deferred Tax Assets N/A 65,000.00 148,000.00
Cash and cash equivalents N/A 50,763,000.00 55,208,000.00
Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners N/A 83,096,000.00 85,525,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale N/A 18,874,000.00 8,500,000.00
Other Current Assets N/A 9,306,000.00 7,752,000.00
Equity 399,254,000.00 414,739,000.00 444,036,000.00
Issued Capital N/A 150,830,000.00 152,767,000.00
Retained Earnings Profit Loss For Reporting Period N/A 31,517,000.00 47,806,000.00
Share Premium N/A 40,734,000.00 35,719,000.00
Equity Attributable To Owners Of Parent N/A 400,166,000.00 431,234,000.00
Noncontrolling Interests N/A 14,573,000.00 12,802,000.00
Liabilities N/A 882,131,000.00 920,640,000.00
Noncurrent Liabilities N/A 381,208,000.00 398,871,000.00
Deferred Tax Liabilities N/A 0.00 0.00
Noncurrent Deposits From Customers N/A 7,454,000.00 7,650,000.00
Other Noncurrent Liabilities N/A 3,768,000.00 2,419,000.00
Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale N/A 82,035,000.00 74,407,000.00
Liabilities Included In Disposal Groups Classified As Held For Sale N/A 4,149,000.00 3,326,000.00
Line item in (eur) 01.01.2021/
Interest Income On Cash And Cash Equivalents 362,000.00 350,000.00
Employee Benefits Expense 888,000.00 784,000.00
Depreciation And Amortisation Expense 119,000.00 117,000.00
Profit Loss From Operating Activities 39,432,000.00 53,119,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 904,000.00 453,000.00
Income Tax Expense Continuing Operations -4,000.00 340,000.00
Profit (loss) 31,159,000.00 46,112,000.00
Profit Loss Attributable To Owners Of Parent 31,517,000.00 47,806,000.00
Profit Loss Attributable To Noncontrolling Interests -358,000.00 -1,694,000.00
Line item in (eur) 01.01.2022 01.01.2023
Profit (loss) 31,159,000.00 46,112,000.00
Adjustments For Income Tax Expense -4,000.00 340,000.00
Income Taxes Paid Refund Classified As Operating Activities 113,000.00 1,000.00
Cash Flows From Used In Operating Activities 36,080,000.00 41,569,000.00
Cash Flows From Used In Investing Activities 3,169,000.00 -22,228,000.00
Proceeds From Borrowings Classified As Financing Activities 14,268,000.00 48,722,000.00
Interest Paid Classified As Financing Activities 9,304,000.00 9,267,000.00
Cash Flows From Used In Financing Activities -54,617,000.00 -14,867,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes -15,368,000.00 4,474,000.00
Cash and cash equivalents 50,763,000.00 55,208,000.00

Please note that some sums might not add up.

Filings & Publications


Consolidated Report
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
25.03.24 None Other Buy EUR 987.50
23.02.24 None Other Buy EUR 277.50
04.12.23 None Other Buy EUR 1,316.00
01.12.23 None Other Buy EUR 2,711.50
20.10.23 None Other Buy EUR 10,185.21
19.10.23 None Other Buy EUR 45,100.56
17.10.23 None Other Buy EUR 37,492.70
13.10.23 None Other Buy EUR 187,494.94
12.10.23 None Other Buy EUR 45,100.56
14.03.23 None Other Buy EUR 89,711.16

Capital markets information






Real Estate

Industry Group

Equity Real Estate Investment Trusts (REITs)


Retail REITs


Retail REITs

Listed Stock Exchange

Euronext Paris

Main Stock Exchange

Contact Investor Relations department

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