The revenue increased by 79% and by 109% its adjusted ebitda Premia Properties, on a consolidated basis, compared to the corresponding period last year.
At the same time, according to the announcement of its basic financial sizes of the Premia Properties for the first quarter of 2025, the company’s net lending stood at € 308 million.
More specifically:
- 68 real estate and 494 thousand sq.m. Buildings managed by the Group with the total investment value of € 526.5 million, increased by 6% compared to the end of 2024.
- Adequate portfolio dispersion on the type of property and employees and powerful efficiency indicators with the gross yield of gross property (Gross Yield) standing at 7.2% and the average weighted duration of real estate (WAULT) amounting to 9.7 years in 9.7 years.
- Continuing the implementation of the investment program within the first quarter of 2025. The Semeli Winery was acquired along with its vineyards, office property in Thessaloniki leased to Land Registry SA as well as (2) commercial real estate in Thessaloniki (office for renovation and renovation).
- Also, in the context of strengthening the presence of the company in the student housing industry, another property was acquired in Larissa to convert.
- Healthy financial structure with the Group’s net position stood at € 201 million, net lending to EUR 308 million and the group’s total assets amounting to EUR 551 million.
- A 79% increase in revenue and an increase of operational profitability (Adjusted EBITDA) by 109%, on a consolidated basis, compared to the corresponding period 2024. A significant increase in pre -tax profits by 271% compared to the first quarter 2024, mainly as a result of increased operating profitability.
In any case, the Company systematically monitors and evaluates the macroeconomic and financial data and conditions that are shaped to make the necessary adjustments to its strategy, if required.