Icade Sa Ord (CDMGF) Q2 2025 Earnings Call

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WEBVTT 00:00:01.381 -- 00:00:06.507 Good day, ladies and gentlemen, and welcome to ECAD 2025 half-year results 00:00:06.507 -- 00:00:10.672 presentation. Please note this event is being recorded. 00:00:10.672 -- 00:00:14.596 At this time, all participants are in listen-only mode. 00:00:14.596 -- 00:00:19.742 We will be facilitating a Q&A session towards the end of today's prepared 00:00:19.742 -- 00:00:24.888 remarks. If you would like to ask a question, you might do so by pressing star 1 00:00:24.888 -- 00:00:29.984 on your telephone keypad. I will now turn the call over to your host for today, 00:00:29.984 -- 00:00:34.171 Nicolas Joly, CEO, and Bruno Valentin, CFO. 00:00:34.171 -- 00:00:36.872 You may begin. Thank 00:00:37.316 -- 00:00:37.716 you. 00:00:37.536 -- 00:00:42.625 Good morning. Nicolas Joly speaking. Thank you all for being here 00:00:42.625 -- 00:00:47.593 today on this call. Along with Bruno Valentin, we are delighted to present this morning 00:00:47.593 -- 00:00:52.621 ECAT 2025 offshore results. This presentation will be, of course, 00:00:52.621 -- 00:00:57.774 followed by a Q&A session. Let's move on to slide four for an overview of the key 00:00:57.774 -- 00:01:01.876 messages for the first half of 2025. ECHAT 00:01:01.979 -- 00:01:07.086 delivered strong living activity with nearly 80,000 square meters 00:01:07.086 -- 00:01:12.112 signed or renewed, contributing to an improved occupancy rate for 00:01:12.112 -- 00:01:15.757 well-positioned office and light industrial assets. 00:01:15.757 -- 00:01:21.122 In parallel, The property investment division secured over €100 million 00:01:21.122 -- 00:01:27.526 in disposal of non-strategic and core assets in line with NAB. 00:01:27.568 -- 00:01:30.470 In the first half of 2025, ECAD 00:01:30.470 -- 00:01:...