PRESS RELEASE

Acquisition of a residential portfolio in Florida as part of the US strategy.

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The 13 assets, amounting to 1’686 units in free rental regime, are located in the Daytona Beach, Jacksonville, Orlando and Pensacola regions of Florida, and have a real estate valuation of USD 72.5 M. The portfolio is expected to produce between 10.5% and 11% free cash flow before taxes.

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