Strong growth in results: Rental income increased by +8% (€106 million), and recurring net income accelerated, rising by +16% (€78 million). Continued deleveraging: LTV stands at 42% (43% at end-2024), and the net debt to EBITDA ratio is 8.6x (9.2x at end-2024). These financial results confirm the 2025 targets announced at the beginning of the year. Ongoing increase in asset valuation, now reaching €4 billion based on a net capitalization rate of 5.25% (only a slight increase compared to...