CTP N.V.

Latest Results (16.11.2025):

In H1-2025, CTP N.V. delivered a robust financial performance with strong rental income, leasing activity, and developmental progress. The company recorded a 14.4% increase in gross rental income to €367.2 million, along with a like-for-like rental growth of 4.9% and rising EPRA NTA per share, highlighting its effective tenant-led strategy and resilient portfolio in a competitive market.

Rental Income & Earnings

CTP N.V.'s gross rental income in H1-2025 surged to €367.2 million (+14.4% YoY), with annualized rental income reaching €757 million. Company-specific adjusted EPRA earnings grew by 12.2% YoY to €199.3 million, while adjusted EPRA EPS increased by 6.2%, reflecting strong operational execution despite a larger share base from a prior equity raise.

Leasing Activity

The company signed leases covering 1,015,000 sqm in H1-2025—an 11% YoY increase—with the average monthly rent climbing by 5%. Approximately two-thirds of the leases were secured with existing tenants, bolstering a stable and diversified income stream.

Development & Landbank

CTP N.V. delivered 224,000 sqm of new space at a Yield on Cost of 10.3% and achieved 100% letting at completion. With 2.0 million sqm under construction expected to contribute €160 million in rental income and a substantial landbank of 26.1 million sqm, the company is well-positioned for continued expansion.

Valuation & Portfolio Strength

The group’s valuation improved with a 7.2% increase in Gross Asset Value to €17.1 billion and a 7.1% rise in EPRA NTA per share to €19.36. Steady occupancy at 93% and high rent collection rates further underscore the strength and resilience of CTP N.V.'s portfolio in H1-2025.