{"id":6,"date":"2025-02-10T18:37:13","date_gmt":"2025-02-10T17:37:13","guid":{"rendered":"https:\/\/evaluationmaisonantoinebaud.fr\/?page_id=6"},"modified":"2025-02-13T19:55:48","modified_gmt":"2025-02-13T18:55:48","slug":"evaluation-de-maison-antoine-baud-mab","status":"publish","type":"page","link":"https:\/\/evaluationmaisonantoinebaud.fr\/","title":{"rendered":"\u00c9valuation de Maison Antoine Baud, MAB"},"content":{"rendered":"\n<p class=\"has-foreground-color has-text-color has-link-color wp-elements-2368e787f752ea4e0c152c0a737159d7\">Ce&nbsp;site est la propri\u00e9t\u00e9 de Quirites SAS, soci\u00e9t\u00e9 d\u2019investissement de la famille de Pascal Quiry, par ailleurs professeur de finance \u00e0 HEC et co-auteur du Vernimmen depuis 1998, et op\u00e9r\u00e9 par lui. Quirites et ses actionnaires d\u00e9tiennent 0,47 % de MAB depuis 2020 dans une optique de long terme, sans acquisition ou cession r\u00e9cente.<\/p>\n\n\n\n<p>Ce site a \u00e9t\u00e9 cr\u00e9\u00e9 pour contribuer \u00e0 la transparence et \u00e0 l\u2019int\u00e9grit\u00e9 du march\u00e9 de l\u2019action MAB en partageant librement mes travaux et analyses sur cette valeur.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-accent-color has-text-color has-link-color wp-elements-b145fa7a080092f835ea1e5a3ec0b81c\">PRESENTATION DE MAB<\/h2>\n\n\n\n<p class=\"has-background-color has-text-color has-background has-link-color wp-elements-1aebec12e827d1a44a9b8c69921c8692\" style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\">Maison Antoine Baud est une fonci\u00e8re tr\u00e8s bien g\u00e9r\u00e9e positionn\u00e9e sur le secteur dynamique de la logistique et des locaux d\u2019entreprises (83 % des actifs), et plus marginalement sur les bureaux (10 %) et commerces (7%). <br><br>MAB est pr\u00e9sente dans les m\u00e9tropoles r\u00e9gionales fran\u00e7aises (Clermont-Ferrand, Lyon, Marseille, Lille, Orl\u00e9ans, Le Mans, Rennes, etc.) et en \u00cele de France. MAB est g\u00e9r\u00e9e avec une faible rotation de ses actifs qui sont r\u00e9guli\u00e8rement accrus&nbsp;: 39 M\u20ac d\u2019investissements entre 2018 et 2023 pour 9 M\u20ac de cessions (\u00e0 comparer \u00e0 des immobilisations brutes de 63 M\u20ac fin 2017). Son souci constant est de r\u00e9pondre au mieux des besoins de ses clients tout en visant un haut niveau de retour des capitaux engag\u00e9s.<br><br>\nMAB pr\u00e9sente :\n<\/p>\n\n\n\n<ul style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\" class=\"wp-block-list has-background-color has-text-color has-background has-link-color wp-elements-5b5be9ad5b588e95ad820adf9b3b3368\">\n<li>une croissance de 9,7 % par an de son chiffre d\u2019affaires entre 2018 et 2023 et une hausse de son r\u00e9sultat d\u2019exploitation de 15,4 % par an sur la m\u00eame p\u00e9riode<\/li>\n\n\n\n<li>un taux de vacance inf\u00e9rieur \u00e0 5% depuis 2021 t\u00e9moignant de la qualit\u00e9 des actifs<\/li>\n\n\n\n<li>un faible niveau d\u2019endettement (dette \/EBE de 1,7) gr\u00e2ce \u00e0 la hausse constante des flux d\u2019exploitation et le maintien d\u2019une s\u00e9lectivit\u00e9 forte sur ses projets d\u2019investissement.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-primary-color has-text-color has-link-color wp-elements-28c94a3125cdc7f502a26fdd1a7fbe77\"><strong>Voici 3 de ses actifs \u00e0 Morangis (\u00cele de France), Vitrolles (Bouches du Rh\u00f4ne) et C\u00e9bazat (Puy-de-D\u00f4me)&nbsp;:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"454\" data-id=\"109\" src=\"https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Morangis.png\" alt=\"\" class=\"wp-image-109\" srcset=\"https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Morangis.png 900w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Morangis-300x151.png 300w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Morangis-768x387.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\">Morangis (\u00cele de France)<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"518\" data-id=\"108\" src=\"https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Vitrolles.png\" alt=\"\" class=\"wp-image-108\" srcset=\"https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Vitrolles.png 900w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Vitrolles-300x173.png 300w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Vitrolles-768x442.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\"><strong>Vitrolles (Bouches du Rh\u00f4ne)<\/strong><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"483\" data-id=\"107\" src=\"https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Cebezat.png\" alt=\"\" class=\"wp-image-107\" srcset=\"https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Cebezat.png 900w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Cebezat-300x161.png 300w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/MAB_Cebezat-768x412.png 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\"><strong>C\u00e9bazat (Puy-de-D\u00f4me)<\/strong><\/figcaption><\/figure>\n<\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-accent-color has-text-color has-link-color wp-elements-5907ffd2629c87ab7eba777fdcfbe262\">L\u2019OFFRE DE RADIATION D\u2019EURONEXT ACCESS<\/h2>\n\n\n\n<p class=\"has-primary-color has-text-color has-link-color wp-elements-f9bc6c15a1d2437d67eb40ad4d10dcca\">En d\u00e9cembre 2024, l\u2019actionnaire majoritaire de MAB, Cog\u00e9val, a souhait\u00e9 radier MAB du march\u00e9 Euronext Access o\u00f9 l\u2019entreprise est cot\u00e9e depuis des d\u00e9cennies. Cette radiation est pr\u00e9c\u00e9d\u00e9e d\u2019une offre volontaire de rachat dont le prix a \u00e9t\u00e9 fix\u00e9 \u00e0 230 \u20ac par action.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-background has-link-color wp-elements-b796c5dd5f8b5675ec984ffe001d8ec7\" style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\">Conform\u00e9ment aux r\u00e8gles d\u2019Euronext, un expert ind\u00e9pendant, Paper Audit et Conseil, a \u00e9t\u00e9 nomm\u00e9 qui a attest\u00e9 \u00e9quitable une offre \u00e0 230 \u20ac. Son rapport figure dans la note d\u2019offre (\u00e0 partir de la page 13) que voici :<\/p>\n\n\n\n<div\n    class='wp-block-pdfp-pdf-poster  alignnone'\n    id='block-3'\n    data-attributes='{&quot;uniqueId&quot;:&quot;pdfp2&quot;,&quot;file&quot;:&quot;http:\\\/\\\/evaluationmaisonantoinebaud.fr\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/Note_dinformation_delisting_Euronext_Access.pdf&quot;,&quot;title&quot;:&quot;Note d&rsquo;information delisting Euronext Access&quot;,&quot;height&quot;:&quot;842px&quot;,&quot;width&quot;:&quot;100%&quot;,&quot;print&quot;:true,&quot;fullscreenButton&quot;:true,&quot;newWindow&quot;:false,&quot;showName&quot;:true,&quot;downloadButton&quot;:true,&quot;downloadButtonText&quot;:&quot;Download File&quot;,&quot;protect&quot;:false,&quot;onlyPDF&quot;:false,&quot;defaultBrowser&quot;:false,&quot;thumbMenu&quot;:false,&quot;sidebarOpen&quot;:false,&quot;lastVersion&quot;:false,&quot;hrScroll&quot;:false,&quot;alert&quot;:true,&quot;btnStyles&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupOptions&quot;:{&quot;enabled&quot;:0,&quot;text&quot;:&quot;Open PDF&quot;,&quot;triggerType&quot;:&quot;button&quot;,&quot;image&quot;:&quot;&quot;,&quot;imageHeight&quot;:&quot;200px&quot;,&quot;imageWidth&quot;:&quot;300px&quot;,&quot;imagePdfIcon&quot;:true,&quot;triggerAlignment&quot;:&quot;center&quot;,&quot;btnStyle&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}}},&quot;actionsPosition&quot;:&quot;top&quot;,&quot;socialShare&quot;:{&quot;enabled&quot;:false,&quot;facebook&quot;:false,&quot;twitter&quot;:false,&quot;linkedin&quot;:false,&quot;pinterest&quot;:false,&quot;position&quot;:&quot;top&quot;},&quot;adobeEmbedder&quot;:false,&quot;align&quot;:&quot;none&quot;,&quot;alignment&quot;:&quot;left&quot;,&quot;titleFontSize&quot;:&quot;16px&quot;,&quot;fullscreenButtonText&quot;:&quot;View Fullscreen&quot;,&quot;initialPage&quot;:0,&quot;isHideRightToolbar&quot;:false,&quot;additional&quot;:{&quot;ID&quot;:&quot;&quot;,&quot;Class&quot;:&quot;&quot;,&quot;CSS&quot;:&quot;&quot;},&quot;adobeOptions&quot;:{&quot;showDownloadPDF&quot;:true,&quot;showPrintPDF&quot;:true,&quot;showAnnotationTools&quot;:true,&quot;showFullScreen&quot;:false,&quot;embedMode&quot;:&quot;SIZED_CONTAINER&quot;},&quot;popupBtnStyle&quot;:{&quot;background&quot;:&quot;#2271b1&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupBtnText&quot;:&quot;Open Document&quot;,&quot;CSS&quot;:&quot;&quot;,&quot;isPremium&quot;:false}'\n    style=\"text-align: left\">\n    \n        <iframe loading=\"lazy\" title=\"Note d&rsquo;information delisting Euronext Access\" style=\"border:0;\" width=\"100%\" height=\"800px\" class=\"pdfp_unsupported_frame\" src=\"\/\/docs.google.com\/gview?embedded=true&url=http:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/Note_dinformation_delisting_Euronext_Access.pdf\"><\/iframe>\n\n    <\/div>\n\n\n\n\n<p>Contrairement aux offres de retrait sur les march\u00e9 Euronext et Euronext Growth, une radiation de la cotation de MAB sur Euronext Access n\u2019entrainerait pas une expropriation des actionnaires \u00e0 ce prix, mais la fin de la cotation boursi\u00e8re, l\u2019action devenant alors non cot\u00e9e, privant ainsi les actionnaires de pouvoir acheter ou vendre des actions MAB sur un march\u00e9 dot\u00e9 de certaines r\u00e8gles.<\/p>\n\n\n\n<p>L\u2019offre sur MAB a \u00e9t\u00e9 ouverte le 18 d\u00e9cembre 2024.<\/p>\n\n\n\n<p>Le prix d\u2019offre de 230 \u20ac <strong>valorise les b\u00e2timents de MAB sur la base d\u2019un prix moyen au m2 de 321 \u20ac<\/strong> alors que lorsque MAB a c\u00e9d\u00e9 une partie de son plus mauvais actif, \u00e0 Echirolles (dans la banlieue sud de Grenoble), elle en a obtenu 400 \u20ac\/m\u00b2 \u2026 Pour un actif au rez-de-chauss\u00e9e duquel des trafics en tout genre se d\u00e9roulaient, avant que MAB ne r\u00e9ussisse \u00e0 faire clore cet espace. <strong>Sur la base du d\u2019offre, le rendement locatif brut des immeubles de MAB ressort \u00e0 . . . 20,8% pour des actifs de logistique et des locaux d\u2019activit\u00e9 principalement, dans les m\u00e9tropoles r\u00e9gionales fran\u00e7aises.<\/strong><br><strong>Chacun peut constater que ces niveaux de valorisation sont tr\u00e8s en de\u00e7\u00e0 des r\u00e9alit\u00e9s du march\u00e9.<\/strong> \u00a0<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-background has-link-color wp-elements-9de1e62b3ff0b30a086e99d7a6776a58\" style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\">L\u2019analyse du rapport de l\u2019expert ind\u00e9pendant r\u00e9v\u00e8le 9 erreurs manifestes qui conduisent au prix manifestement sous-\u00e9valu\u00e9 de 230 \u20ac l&rsquo;action. Ainsi :<\/p>\n\n\n\n<ol style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\" class=\"wp-block-list has-background-color has-text-color has-background has-link-color wp-elements-e620ff3ce881695cfbe8d6d2fc7aac9f\">\n<li><strong>Contrairement aux usages professionnels les mieux \u00e9tablis, \u00e0 la jurisprudence des tribunaux, et \u00e0 la pratique constante des retraits de cote des soci\u00e9t\u00e9s fonci\u00e8res, ce rapport ne comprend aucune estimation immobili\u00e8re de la valeur des 45 b\u00e2timents de MAB<\/strong>, \u00e9tablies par comparaison avec des transactions r\u00e9centes portant sur des biens similaires (prix au m\u00e8tre carr\u00e9). En d\u00e9coule un premier facteur de r\u00e9duction de la valeur d\u2019expertise.<\/li>\n\n\n\n<li>L\u2019expert fait une erreur monumentale en \u00e9crivant que la valeur des capitaux propres serait \u00e9gale au R\u00e9sultat net x PER moins l\u2019Endettement bancaire et financier net, alors que chacun sait qu\u2019elle est \u00e9gale \u00e0 R\u00e9sultat net x PER. Ce faisant, il compte deux fois l\u2019endettement et r\u00e9duit ainsi encore sa valeur d\u2019expertise.<\/li>\n\n\n\n<li>L\u2019expert invente un nouveau concept qui ne se trouve sous la plume d\u2019aucun autre expert reconnu, la d\u00e9cote de non-SIIC, r\u00e9duisant derechef sa valeur d\u2019expertise.<\/li>\n\n\n\n<li>L\u2019expert compare MAB \u00e0 24 fonci\u00e8res dont seulement 4 sont sur les m\u00eames m\u00e9tiers, r\u00e9duisant une nouvelle fois sa valeur d\u2019expertise.<\/li>\n\n\n\n<li>L\u2019expert retient, contrairement \u00e0 la pratique universelle, l\u2019actif net comptable comme une m\u00e9thode d\u2019\u00e9valuation de MAB, alors m\u00eame que cette derni\u00e8re ne r\u00e9\u00e9value pas ses immeubles qui figurent \u00e0 son bilan pour le co\u00fbt historique amorti, r\u00e9duisant toujours sa valeur d\u2019expertise.<\/li>\n\n\n\n<li>L\u2019expert n\u2019a pas \u00e9valu\u00e9 les r\u00e9serves fonci\u00e8res de MAB, ni les actifs temporairement sans locataire, r\u00e9duisant encore sa valeur d\u2019expertise.<\/li>\n\n\n\n<li>L\u2019expert a jug\u00e9 coh\u00e9rent un plan d\u2019affaires manifestement incoh\u00e9rent et l\u2019a prolong\u00e9 (le rendant donc encore plus incoh\u00e9rent), r\u00e9duisant de plus fort sa valeur d\u2019expertise. Ainsi dans ses projections MAB est suppos\u00e9 investir<\/li>\n\n\n\n<li>L\u2019expert a retenu comme r\u00e9f\u00e9rence le cours de Bourse d\u2019une entreprise cot\u00e9e sur Euronext Access, dont l\u2019action est tr\u00e8s illiquide, sans aucun suivi par les analystes financiers, et avec un niveau minimum d\u2019informations divulgu\u00e9es, continuant ainsi de r\u00e9duire sa valeur d\u2019expertise.<\/li>\n\n\n\n<li>L\u2019expert a retenu le montant comptable et non la valeur de march\u00e9 de la dette financi\u00e8re, contrairement \u00e0 la pratique, ce qui est pourtant requis apr\u00e8s une forte hausse des taux d\u2019int\u00e9r\u00eat, r\u00e9duisant une derni\u00e8re fois sa valeur d\u2019expertise.<\/li>\n<\/ol>\n\n\n\n<p class=\"has-background-color has-text-color has-background has-link-color wp-elements-3b29e2b31e02d575d18a2b37a6c722cf\" style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\">Pour vous permettre d\u2019en juger par vous-m\u00eame, voici mon travail d\u2019analyse du rapport de l\u2019expert:<\/p>\n\n\n\n<div\n    class='wp-block-pdfp-pdf-poster  alignnone'\n    id='block-5'\n    data-attributes='{&quot;uniqueId&quot;:&quot;pdfp4&quot;,&quot;file&quot;:&quot;http:\\\/\\\/evaluationmaisonantoinebaud.fr\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/Note-rapport-Paper.pdf&quot;,&quot;title&quot;:&quot;Note sur les \\u00e9l\\u00e9ments financiers du rapport d\\u2019expertise de Paper Audit&quot;,&quot;height&quot;:&quot;842px&quot;,&quot;width&quot;:&quot;100%&quot;,&quot;print&quot;:true,&quot;fullscreenButton&quot;:true,&quot;newWindow&quot;:false,&quot;showName&quot;:true,&quot;downloadButton&quot;:true,&quot;downloadButtonText&quot;:&quot;Download File&quot;,&quot;protect&quot;:false,&quot;onlyPDF&quot;:false,&quot;defaultBrowser&quot;:false,&quot;thumbMenu&quot;:false,&quot;sidebarOpen&quot;:false,&quot;lastVersion&quot;:false,&quot;hrScroll&quot;:false,&quot;alert&quot;:true,&quot;btnStyles&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupOptions&quot;:{&quot;enabled&quot;:0,&quot;text&quot;:&quot;Open PDF&quot;,&quot;triggerType&quot;:&quot;button&quot;,&quot;image&quot;:&quot;&quot;,&quot;imageHeight&quot;:&quot;200px&quot;,&quot;imageWidth&quot;:&quot;300px&quot;,&quot;imagePdfIcon&quot;:true,&quot;triggerAlignment&quot;:&quot;center&quot;,&quot;btnStyle&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}}},&quot;actionsPosition&quot;:&quot;top&quot;,&quot;socialShare&quot;:{&quot;enabled&quot;:false,&quot;facebook&quot;:false,&quot;twitter&quot;:false,&quot;linkedin&quot;:false,&quot;pinterest&quot;:false,&quot;position&quot;:&quot;top&quot;},&quot;adobeEmbedder&quot;:false,&quot;align&quot;:&quot;none&quot;,&quot;alignment&quot;:&quot;left&quot;,&quot;titleFontSize&quot;:&quot;16px&quot;,&quot;fullscreenButtonText&quot;:&quot;View Fullscreen&quot;,&quot;initialPage&quot;:0,&quot;isHideRightToolbar&quot;:false,&quot;additional&quot;:{&quot;ID&quot;:&quot;&quot;,&quot;Class&quot;:&quot;&quot;,&quot;CSS&quot;:&quot;&quot;},&quot;adobeOptions&quot;:{&quot;showDownloadPDF&quot;:true,&quot;showPrintPDF&quot;:true,&quot;showAnnotationTools&quot;:true,&quot;showFullScreen&quot;:false,&quot;embedMode&quot;:&quot;SIZED_CONTAINER&quot;},&quot;popupBtnStyle&quot;:{&quot;background&quot;:&quot;#2271b1&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupBtnText&quot;:&quot;Open Document&quot;,&quot;CSS&quot;:&quot;&quot;,&quot;isPremium&quot;:false}'\n    style=\"text-align: left\">\n    \n        <iframe loading=\"lazy\" title=\"Note sur les \u00e9l\u00e9ments financiers du rapport d\u2019expertise de Paper Audit\" style=\"border:0;\" width=\"100%\" height=\"800px\" class=\"pdfp_unsupported_frame\" src=\"\/\/docs.google.com\/gview?embedded=true&url=http:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/Note-rapport-Paper.pdf\"><\/iframe>\n\n    <\/div>\n\n\n\n\n<p>Par ailleurs, Accuracy a produit \u00e0 ma demande une note critique et m\u00e9thodologique des travaux de l\u2019expert ind\u00e9pendant que voici :<\/p>\n\n\n\n<div\n    class='wp-block-pdfp-pdf-poster  alignnone'\n    id='block-7'\n    data-attributes='{&quot;uniqueId&quot;:&quot;pdfp6&quot;,&quot;file&quot;:&quot;http:\\\/\\\/evaluationmaisonantoinebaud.fr\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/courrier-Accuracy-22-1-2025.pdf&quot;,&quot;title&quot;:&quot;Courrier Accuracy du 22 janvier 2025&quot;,&quot;height&quot;:&quot;842px&quot;,&quot;width&quot;:&quot;100%&quot;,&quot;print&quot;:true,&quot;fullscreenButton&quot;:true,&quot;newWindow&quot;:false,&quot;showName&quot;:true,&quot;downloadButton&quot;:true,&quot;downloadButtonText&quot;:&quot;Download File&quot;,&quot;protect&quot;:false,&quot;onlyPDF&quot;:false,&quot;defaultBrowser&quot;:false,&quot;thumbMenu&quot;:false,&quot;sidebarOpen&quot;:false,&quot;lastVersion&quot;:false,&quot;hrScroll&quot;:false,&quot;alert&quot;:true,&quot;btnStyles&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupOptions&quot;:{&quot;enabled&quot;:0,&quot;text&quot;:&quot;Open PDF&quot;,&quot;triggerType&quot;:&quot;button&quot;,&quot;image&quot;:&quot;&quot;,&quot;imageHeight&quot;:&quot;200px&quot;,&quot;imageWidth&quot;:&quot;300px&quot;,&quot;imagePdfIcon&quot;:true,&quot;triggerAlignment&quot;:&quot;center&quot;,&quot;btnStyle&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}}},&quot;actionsPosition&quot;:&quot;top&quot;,&quot;socialShare&quot;:{&quot;enabled&quot;:false,&quot;facebook&quot;:false,&quot;twitter&quot;:false,&quot;linkedin&quot;:false,&quot;pinterest&quot;:false,&quot;position&quot;:&quot;top&quot;},&quot;adobeEmbedder&quot;:false,&quot;align&quot;:&quot;none&quot;,&quot;alignment&quot;:&quot;left&quot;,&quot;titleFontSize&quot;:&quot;16px&quot;,&quot;fullscreenButtonText&quot;:&quot;View Fullscreen&quot;,&quot;initialPage&quot;:0,&quot;isHideRightToolbar&quot;:false,&quot;additional&quot;:{&quot;ID&quot;:&quot;&quot;,&quot;Class&quot;:&quot;&quot;,&quot;CSS&quot;:&quot;&quot;},&quot;adobeOptions&quot;:{&quot;showDownloadPDF&quot;:true,&quot;showPrintPDF&quot;:true,&quot;showAnnotationTools&quot;:true,&quot;showFullScreen&quot;:false,&quot;embedMode&quot;:&quot;SIZED_CONTAINER&quot;},&quot;popupBtnStyle&quot;:{&quot;background&quot;:&quot;#2271b1&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupBtnText&quot;:&quot;Open Document&quot;,&quot;CSS&quot;:&quot;&quot;,&quot;isPremium&quot;:false}'\n    style=\"text-align: left\">\n    \n        <iframe loading=\"lazy\" title=\"Courrier Accuracy du 22 janvier 2025\" style=\"border:0;\" width=\"100%\" height=\"800px\" class=\"pdfp_unsupported_frame\" src=\"\/\/docs.google.com\/gview?embedded=true&url=http:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/courrier-Accuracy-22-1-2025.pdf\"><\/iframe>\n\n    <\/div>\n\n\n\n\n<p>Pendant toute la dur\u00e9e de l\u2019offre, le cours s\u2019est&nbsp;syst\u00e9matiquement inscrit au-dessus du prix d\u2019offre :<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-background has-link-color wp-elements-ec9c42f74ce4a885d3fdd2799fe4a96b\" style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"515\" class=\"wp-image-10\" src=\"http:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/baud_eua_cours-1024x515.png\" alt=\"\" srcset=\"https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/baud_eua_cours-1024x515.png 1024w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/baud_eua_cours-300x151.png 300w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/baud_eua_cours-768x386.png 768w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/baud_eua_cours-1536x772.png 1536w, https:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/baud_eua_cours-2048x1030.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n\n\n\n<p>Et il a \u00e9t\u00e9 \u00e9chang\u00e9 pendant l\u2019offre 569 titres, c\u2019est-\u00e0-dire plus que du 15 septembre 2020 \u00e0 la veille de l\u2019offre le 17 d\u00e9cembre 2024.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-background has-link-color wp-elements-844e98f559664a6bf8ad8cad7ec55559\" style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\"><strong>L\u2019offre s\u2019est termin\u00e9e le 24 janvier 2025, et fait inou\u00ef en France depuis plus de 30 ans, AUCUN titre, aucun, n\u2019a \u00e9t\u00e9 apport\u00e9 \u00e0 cette offre \u00e0 un prix massivement sous-\u00e9valu\u00e9<\/strong>, comme l\u2019atteste l\u2019avis de r\u00e9sultat publi\u00e9 par Euronext :<\/p>\n\n\n\n<div\n    class='wp-block-pdfp-pdf-poster  alignnone'\n    id='block-9'\n    data-attributes='{&quot;uniqueId&quot;:&quot;pdfp8&quot;,&quot;file&quot;:&quot;http:\\\/\\\/evaluationmaisonantoinebaud.fr\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/Avis-Euronext-resultat-et-suspension.pdf&quot;,&quot;title&quot;:&quot;Avis Euronext r\\u00e9sultat et suspension&quot;,&quot;height&quot;:&quot;842px&quot;,&quot;width&quot;:&quot;100%&quot;,&quot;print&quot;:true,&quot;fullscreenButton&quot;:true,&quot;newWindow&quot;:false,&quot;showName&quot;:true,&quot;downloadButton&quot;:true,&quot;downloadButtonText&quot;:&quot;Download File&quot;,&quot;protect&quot;:false,&quot;onlyPDF&quot;:false,&quot;defaultBrowser&quot;:false,&quot;thumbMenu&quot;:false,&quot;sidebarOpen&quot;:false,&quot;lastVersion&quot;:false,&quot;hrScroll&quot;:false,&quot;alert&quot;:true,&quot;btnStyles&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupOptions&quot;:{&quot;enabled&quot;:0,&quot;text&quot;:&quot;Open PDF&quot;,&quot;triggerType&quot;:&quot;button&quot;,&quot;image&quot;:&quot;&quot;,&quot;imageHeight&quot;:&quot;200px&quot;,&quot;imageWidth&quot;:&quot;300px&quot;,&quot;imagePdfIcon&quot;:true,&quot;triggerAlignment&quot;:&quot;center&quot;,&quot;btnStyle&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}}},&quot;actionsPosition&quot;:&quot;top&quot;,&quot;socialShare&quot;:{&quot;enabled&quot;:false,&quot;facebook&quot;:false,&quot;twitter&quot;:false,&quot;linkedin&quot;:false,&quot;pinterest&quot;:false,&quot;position&quot;:&quot;top&quot;},&quot;adobeEmbedder&quot;:false,&quot;align&quot;:&quot;none&quot;,&quot;alignment&quot;:&quot;left&quot;,&quot;titleFontSize&quot;:&quot;16px&quot;,&quot;fullscreenButtonText&quot;:&quot;View Fullscreen&quot;,&quot;initialPage&quot;:0,&quot;isHideRightToolbar&quot;:false,&quot;additional&quot;:{&quot;ID&quot;:&quot;&quot;,&quot;Class&quot;:&quot;&quot;,&quot;CSS&quot;:&quot;&quot;},&quot;adobeOptions&quot;:{&quot;showDownloadPDF&quot;:true,&quot;showPrintPDF&quot;:true,&quot;showAnnotationTools&quot;:true,&quot;showFullScreen&quot;:false,&quot;embedMode&quot;:&quot;SIZED_CONTAINER&quot;},&quot;popupBtnStyle&quot;:{&quot;background&quot;:&quot;#2271b1&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupBtnText&quot;:&quot;Open Document&quot;,&quot;CSS&quot;:&quot;&quot;,&quot;isPremium&quot;:false}'\n    style=\"text-align: left\">\n    \n        <iframe loading=\"lazy\" title=\"Avis Euronext r\u00e9sultat et suspension\" style=\"border:0;\" width=\"100%\" height=\"800px\" class=\"pdfp_unsupported_frame\" src=\"\/\/docs.google.com\/gview?embedded=true&url=http:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/Avis-Euronext-resultat-et-suspension.pdf\"><\/iframe>\n\n    <\/div>\n\n\n\n\n<p>Consid\u00e9rant que cette offre \u00e0 prix massivement sous-\u00e9valu\u00e9, avait pour cons\u00e9quence de priver les actionnaires minoritaires de percevoir, s\u2019ils le souhaitent, un prix correspondant \u00e0 la valeur intrins\u00e8que de leurs actions MAB, \u00e0 l\u2019occasion de la radiation de la cote, comme pr\u00e9vu par les r\u00e8gles d\u2019Euronext, j\u2019ai saisi avec mon avocat les autorit\u00e9s de march\u00e9 le 22 janvier 2025.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-background has-link-color wp-elements-6cc1dfe64263b5c97586bf0c12cac3af\" style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\">Alors que Cogeval a demand\u00e9 le 28 janvier 2025 la radiation de la cotation de l\u2019action MAB du march\u00e9 Euronext Access, conform\u00e9ment aux r\u00e8gles en ce domaine, Euronext a refus\u00e9 d\u2019acc\u00e9der \u00e0 cette demande qui aurait due \u00eatre mise en \u0153uvre le 30 janvier 2025. Depuis la fin de l\u2019offre, le cours est&nbsp;suspendu en attente de la d\u00e9cision des autorit\u00e9s de march\u00e9 qui m\u00e8nent l\u2019enqu\u00eate.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-background has-link-color wp-elements-c18e587ca62b6822bd812dd122791461\" style=\"background:linear-gradient(135deg,rgb(227,112,7) 0%,rgb(224,81,81) 100%)\">Pour les aider dans leur mission, je publie ici mon travail d\u2019\u00e9valuation de MAB. Ce travail comprend, en particulier, un ANR immobilier comme il en a toujours \u00e9t\u00e9 produit pour TOUS les retraits de cote de soci\u00e9t\u00e9s fonci\u00e8res depuis au moins 2008, Y COMPRIS par l\u2019expert Paper Audit et Conseil dans d\u2019autres dossiers o\u00f9 il est intervenu. Cet Actif Net R\u00e9\u00e9valu\u00e9 (ANR) immobilier se fonde sur des\u00a0comparaisons avec des transactions immobili\u00e8res r\u00e9centes portant sur des biens comparables \u00e0 ceux de MAB, dont les caract\u00e9ristiques sont librement disponibles sur internet (base DVF, explorateur de donn\u00e9es de valeurs fonci\u00e8res).<\/p>\n\n\n\n<div\n    class='wp-block-pdfp-pdf-poster  alignnone'\n    id='block-11'\n    data-attributes='{&quot;uniqueId&quot;:&quot;pdfp10&quot;,&quot;file&quot;:&quot;http:\\\/\\\/evaluationmaisonantoinebaud.fr\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/Evaluation-MAB.pdf&quot;,&quot;title&quot;:&quot;Note sur l\\u2019\\u00e9valuation de Maison Antoine Baud dans la perspective de sa radiation du March\\u00e9 Euronext Access&quot;,&quot;height&quot;:&quot;842px&quot;,&quot;width&quot;:&quot;100%&quot;,&quot;print&quot;:true,&quot;fullscreenButton&quot;:true,&quot;newWindow&quot;:false,&quot;showName&quot;:true,&quot;downloadButton&quot;:true,&quot;downloadButtonText&quot;:&quot;Download File&quot;,&quot;protect&quot;:false,&quot;onlyPDF&quot;:false,&quot;defaultBrowser&quot;:false,&quot;thumbMenu&quot;:false,&quot;sidebarOpen&quot;:false,&quot;lastVersion&quot;:false,&quot;hrScroll&quot;:false,&quot;alert&quot;:true,&quot;btnStyles&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupOptions&quot;:{&quot;enabled&quot;:0,&quot;text&quot;:&quot;Open PDF&quot;,&quot;triggerType&quot;:&quot;button&quot;,&quot;image&quot;:&quot;&quot;,&quot;imageHeight&quot;:&quot;200px&quot;,&quot;imageWidth&quot;:&quot;300px&quot;,&quot;imagePdfIcon&quot;:true,&quot;triggerAlignment&quot;:&quot;center&quot;,&quot;btnStyle&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}}},&quot;actionsPosition&quot;:&quot;top&quot;,&quot;socialShare&quot;:{&quot;enabled&quot;:false,&quot;facebook&quot;:false,&quot;twitter&quot;:false,&quot;linkedin&quot;:false,&quot;pinterest&quot;:false,&quot;position&quot;:&quot;top&quot;},&quot;adobeEmbedder&quot;:false,&quot;align&quot;:&quot;none&quot;,&quot;alignment&quot;:&quot;left&quot;,&quot;titleFontSize&quot;:&quot;16px&quot;,&quot;fullscreenButtonText&quot;:&quot;View Fullscreen&quot;,&quot;initialPage&quot;:0,&quot;isHideRightToolbar&quot;:false,&quot;additional&quot;:{&quot;ID&quot;:&quot;&quot;,&quot;Class&quot;:&quot;&quot;,&quot;CSS&quot;:&quot;&quot;},&quot;adobeOptions&quot;:{&quot;showDownloadPDF&quot;:true,&quot;showPrintPDF&quot;:true,&quot;showAnnotationTools&quot;:true,&quot;showFullScreen&quot;:false,&quot;embedMode&quot;:&quot;SIZED_CONTAINER&quot;},&quot;popupBtnStyle&quot;:{&quot;background&quot;:&quot;#2271b1&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupBtnText&quot;:&quot;Open Document&quot;,&quot;CSS&quot;:&quot;&quot;,&quot;isPremium&quot;:false}'\n    style=\"text-align: left\">\n    \n        <iframe loading=\"lazy\" title=\"Note sur l\u2019\u00e9valuation de Maison Antoine Baud dans la perspective de sa radiation du March\u00e9 Euronext Access\" style=\"border:0;\" width=\"100%\" height=\"800px\" class=\"pdfp_unsupported_frame\" src=\"\/\/docs.google.com\/gview?embedded=true&url=http:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/Evaluation-MAB.pdf\"><\/iframe>\n\n    <\/div>\n\n\n\n\n<p>Le d\u00e9tail des b\u00e2timents de MAB et des transactions r\u00e9centes identifi\u00e9es \u00e0 partir du site DVF, Demande de Valeur Fonci\u00e8re produit par la Direction G\u00e9n\u00e9rale des Finances publiques :<\/p>\n\n\n\n<div\n    class='wp-block-pdfp-pdf-poster  alignnone'\n    id='block-13'\n    data-attributes='{&quot;uniqueId&quot;:&quot;pdfp12&quot;,&quot;file&quot;:&quot;http:\\\/\\\/evaluationmaisonantoinebaud.fr\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/Comparables-ANR-MAB-2.pdf&quot;,&quot;title&quot;:&quot;Comparables ANR MAB \\u2013 janvier 2025&quot;,&quot;height&quot;:&quot;842px&quot;,&quot;width&quot;:&quot;100%&quot;,&quot;print&quot;:true,&quot;fullscreenButton&quot;:true,&quot;newWindow&quot;:false,&quot;showName&quot;:true,&quot;downloadButton&quot;:true,&quot;downloadButtonText&quot;:&quot;Download File&quot;,&quot;protect&quot;:false,&quot;onlyPDF&quot;:false,&quot;defaultBrowser&quot;:false,&quot;thumbMenu&quot;:false,&quot;sidebarOpen&quot;:false,&quot;lastVersion&quot;:false,&quot;hrScroll&quot;:false,&quot;alert&quot;:true,&quot;btnStyles&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupOptions&quot;:{&quot;enabled&quot;:0,&quot;text&quot;:&quot;Open PDF&quot;,&quot;triggerType&quot;:&quot;button&quot;,&quot;image&quot;:&quot;&quot;,&quot;imageHeight&quot;:&quot;200px&quot;,&quot;imageWidth&quot;:&quot;300px&quot;,&quot;imagePdfIcon&quot;:true,&quot;triggerAlignment&quot;:&quot;center&quot;,&quot;btnStyle&quot;:{&quot;background&quot;:&quot;#1e73be&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;fontSize&quot;:&quot;1rem&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}}},&quot;actionsPosition&quot;:&quot;top&quot;,&quot;socialShare&quot;:{&quot;enabled&quot;:false,&quot;facebook&quot;:false,&quot;twitter&quot;:false,&quot;linkedin&quot;:false,&quot;pinterest&quot;:false,&quot;position&quot;:&quot;top&quot;},&quot;adobeEmbedder&quot;:false,&quot;align&quot;:&quot;none&quot;,&quot;alignment&quot;:&quot;left&quot;,&quot;titleFontSize&quot;:&quot;16px&quot;,&quot;fullscreenButtonText&quot;:&quot;View Fullscreen&quot;,&quot;initialPage&quot;:0,&quot;isHideRightToolbar&quot;:false,&quot;additional&quot;:{&quot;ID&quot;:&quot;&quot;,&quot;Class&quot;:&quot;&quot;,&quot;CSS&quot;:&quot;&quot;},&quot;adobeOptions&quot;:{&quot;showDownloadPDF&quot;:true,&quot;showPrintPDF&quot;:true,&quot;showAnnotationTools&quot;:true,&quot;showFullScreen&quot;:false,&quot;embedMode&quot;:&quot;SIZED_CONTAINER&quot;},&quot;popupBtnStyle&quot;:{&quot;background&quot;:&quot;#2271b1&quot;,&quot;color&quot;:&quot;#fff&quot;,&quot;padding&quot;:{&quot;top&quot;:10,&quot;right&quot;:20,&quot;bottom&quot;:10,&quot;left&quot;:10}},&quot;popupBtnText&quot;:&quot;Open Document&quot;,&quot;CSS&quot;:&quot;&quot;,&quot;isPremium&quot;:false}'\n    style=\"text-align: left\">\n    \n        <iframe loading=\"lazy\" title=\"Comparables ANR MAB \u2013 janvier 2025\" style=\"border:0;\" width=\"100%\" height=\"800px\" class=\"pdfp_unsupported_frame\" src=\"\/\/docs.google.com\/gview?embedded=true&url=http:\/\/evaluationmaisonantoinebaud.fr\/wp-content\/uploads\/2025\/02\/Comparables-ANR-MAB-2.pdf\"><\/iframe>\n\n    <\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Ce&nbsp;site est la propri\u00e9t\u00e9 de Quirites SAS, soci\u00e9t\u00e9 d\u2019investissement de la famille de Pascal Quiry, par ailleurs professeur de finance \u00e0 HEC et co-auteur du Vernimmen depuis 1998, et op\u00e9r\u00e9 par lui. Quirites et ses actionnaires d\u00e9tiennent 0,47 % de MAB depuis 2020 dans une optique de long terme, sans acquisition ou cession r\u00e9cente. Ce [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/template-full-width.php","meta":{"footnotes":""},"class_list":["post-6","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/evaluationmaisonantoinebaud.fr\/index.php\/wp-json\/wp\/v2\/pages\/6","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evaluationmaisonantoinebaud.fr\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/evaluationmaisonantoinebaud.fr\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/evaluationmaisonantoinebaud.fr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/evaluationmaisonantoinebaud.fr\/index.php\/wp-json\/wp\/v2\/comments?post=6"}],"version-history":[{"count":15,"href":"https:\/\/evaluationmaisonantoinebaud.fr\/index.php\/wp-json\/wp\/v2\/pages\/6\/revisions"}],"predecessor-version":[{"id":123,"href":"https:\/\/evaluationmaisonantoinebaud.fr\/index.php\/wp-json\/wp\/v2\/pages\/6\/revisions\/123"}],"wp:attachment":[{"href":"https:\/\/evaluationmaisonantoinebaud.fr\/index.php\/wp-json\/wp\/v2\/media?parent=6"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}