Fonciere des Regions Revenue Stabilizes After Property Sales

Fonciere des Regions SA, the French office landlord with stakes in five other real-estate investment trusts, said revenue was changed little in the first quarter after it made disposals and rents showed signs of bottoming out.

Revenue rose to 142.4 million euros ($182 million) from with 141.8 million euros a year earlier, the Metz-based company said in a statement today. Excluding the effects of disposals and acquisitions, revenue advanced 1.7 percent, FDR said.