SCPI: Fourth consecutive yield greater than 7% for Iroko Zen

The young SCPI without entrance fees has unveiled a distribution rate once again greater than 7%.

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Iroko re -stacks for a fourth year of canon yield. The management company announced during a press conference, this Tuesday, January 28, a distribution rate (TD) greater than 7% for its Civil Real Estate Placement Company (SCPI), Iroko Zen. After 7.10% in 2021, 7.04% in 2022 and 7.12% in 2023, the distribution rate emerged, over the past financial year, at 7.32%. A rate that corresponds to the amount of gross dividends paid in 2024 to the partners, reported to the price of January 1, 2024, the equivalent of the yield for SCPIs.

Remuneration which will therefore go far beyond the expected average for the entire sector, around 4.50%, and which leads the SCPI to enhance its undeveloped target of 6%, compared to 5.50%before. Finally, the internal yield rate (sorting) – an indicator which also takes into account the evolution of the value of the placement – is displayed at 8.32%because the share price was increased by 1% on August 1, 2024, going from 200 to 202 euros. Thus, the partners who have acquired their shares at the initial price will also be able to identify added value when they resale.

A collection up 100 million euros in 2024

Carried by a collection up more than 100 million euros (366 million in 2024, compared to 254 million a year earlier), the SCPI acquired 37 new assets in Europe, on a professional real estate market: “Our collection still allowed us last year to take up the performance, with acquisitions up to 400 million euros in total, bought at an average yield of 7.86% (against 7.09% 2023, editor’s note) “, Detailed Gautier Delabrousse-Mayoux, president of Iroko.