Prodea Real Estate Investment Company S.A.

Latest Results (13.10.2025):

Prodea Real Estate Investment Company S.A. reported strong financial performance for the first half of 2025, achieving a significant increase in profit and EBITDA despite a slight decline in turnover. The company's NAV per share also saw a modest rise, reflecting sustained growth and effective management strategies.

Profit Growth

For H1 2025, Prodea Real Estate Investment Company S.A. recorded a profit of €74.9 million, up from €40.5 million in H1 2024. This increase was driven by higher net gains from the fair value adjustment of investment properties, reduced direct property-related expenses, and lower property taxes and levies.

EBITDA Improvement

EBITDA for the first half of 2025 reached €120.1 million, a substantial rise of €34.4 million compared to €85.7 million in H1 2024. The growth was primarily due to the same factors contributing to profit increase, including fair value adjustments and cost reductions.

Stable Turnover

The group's turnover slightly decreased by 0.6% to €112.4 million in H1 2025 compared to €113.1 million in the previous year. Despite the marginal decline, the company maintained solid overall financial health.

NAV per Share Increase

The Net Asset Value (NAV) per share rose to €5.87 as of June 30, 2025, up from €5.81 as of December 31, 2024. This reflects the company's ongoing efforts to enhance shareholder value and manage its asset portfolio effectively.

Investment and Disposal Activities

During H1 2025, Prodea concluded investments totaling €98.6 million and disposed of investment properties, subsidiaries, and joint ventures valuing €128.8 million. These activities align with the company's strategy to focus on commercial warehouses and hospitality sectors while divesting non-core or mature assets.