In the rapidly growing area of student halls Investing dynamically or Premiareinforcing its footprint in this sector with 17 million euros in investment and aiming to create 2,000 beds.
With four units already in operation, PREMIA is planning the development of another five by the end of 2025, with units in Xanthi (two), Volos, Larissa and Rhodes, and new opportunities in Athens are being considered. As Premia CEO Costas Markazos points out at yesterday’s General Assembly, the company does not compete with PPP projects, but focuses on developing high quality privately owned real estate, with a focus on security, modern benefits and affordable pricing. At the same time, Premia aspires to fill the intense gap in the Greek market in relation to abroad, where student halls operate as a separate and mature real estate market.
This investment is part of a new investment plan of more than € 120 million, which Premia is launching a forthcoming share capital increase of up to € 40m – fourth in a row – expected to be completed in late June. The funds will be directed to the main pillars of the company’s activity, with the aim of further enhancing and expanding it to the Greek market.
Enlargement to hotels and “green” offices
At the same time, Premia reinforces its presence in the hotel sector, focusing on the long -term lease of real estate rather than their management. In this context, it has entered into a strategic partnership with the Nordic Leisure Travel Group (NLTG) tourism group, while considering further expansion in the tourism market, both in Greece and possibly abroad.
Investments are also under way in “green” offices and school units. Already, in collaboration with Ten Brinke, an agreement has been completed on the long -term lease of a public school property in Loutsa as part of a PPP.
Innovative presence in the wine sector
The special strategy is followed by the Premia in the field of winemaking infrastructure, where – as opposed to “Hellenic Wineries SA”, which is active in wine production and marketing – it focuses solely on acquiring and leasing wine facilities (plants and storage).
Prospects and valuation
Premia aims to increase the value of its portfolio close to EUR 1 billion by 2027, while the price of new shares will be determined in June, with a view to ensuring the interests of existing shareholders. “There will be a balanced pricing, with a gross discount, so that there is an incentive to participate,” Mr Markazos said.
Despite the challenges, the head of Premia appeared optimistic about the course of 2025, with forecasts referring to a doubling of net profits compared to 2024. Already, in the first quarter of 2025, profits stood at € 38 million, while profits per share are expected to increase by 10%.
The decline in interest rates and the strengthening of the tourism industry constitute a favorable environment for further profitability, with Premia steadily reinforcing its position as one of the most dynamic players in the Greek real estate market.