Fonciere des Logements
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Fonciere des Logements is a French Real Estate Investment Trust or societes d'investissements immobiliers cotees which owns and manages residential properties, in both France and Germany.
Fonciere des Logements opted for SIIC status in 2006. Bertrand de Feydeau is CEO.
Fonciere des Logements Property Portfolio Includes:
In France the company owns nearly 3,000 homes located in Paris, Ile-de-France, and large regional cities such as Lyon, Marseille, Toulouse, and Bordeaux.
In Germany they own over 42,000 units - in Ruhr area, Berlin, Duisberg and Essen.
Therefore, Fonciere des Logements is a SIIC or REIT well positioned to profit, because they're in the two strongest euroblock economies and supply the basic need of housing.
Next: Fonciere des Regions -- 9 billion euro property portfolio
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