2025-02-12 0:00 CET, France | Investment Management | Press release
UPÊKA announces its 2024 results and positions itself among the best-performing real estate investment funds (SCPIs) on the market. With a gross distribution rate of 7.96% and an 8% increase in asset valuations, it demonstrates the relevance of its positioning within the European diversified SCPI universe.
Created in 2023, UPÊKA is today the only SCPI in its category backed by a European asset manager — Axipit Real Estate Partners, a subsidiary of the CATELLA real estate group, present in 12 countries.
2024 Results / 2025 Objectives
- Capitalisation as of 31/12/2024: €29.2 million
- 10 assets already in portfolio
- Presence in 3 countries
- 88% of assets held outside France
- 100% financial occupancy rate
- Target distribution rate for 2025: 7% gross of foreign tax
- Further strengthening of its European footprint in 2025, with Ireland and the United Kingdom as priority targets
"Our strength lies in being backed by a European player with a local presence in 12 countries, enabling us to seize strategic European opportunities combined with a broad market perspective. These are two factors we consider essential to building a diversified, high-performing, and resilient portfolio for our investors."
Jean-François Charrier — Chief Executive Officer, Axipit Real Estate Partners
The strengths of the UPÊKA SCPI
- Management by a European player
- Asset selection with no sectoral constraints
- A footprint across 12 countries for sharper market insight
- Zero entry fees for maximum savings invested in real estate
- Optimised European taxation