Q1 2025 Interim Report, January - March 2025

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Comparisons stated in parenthesis refer to the corresponding period of the previous year

 

January – March 2025

  • Rental income amounted to EUR 6,065k (5,972), an increase of 2% compared to previous year
  • Net operating income increased by 7% to EUR 4,325k (4,048)
  • Profit incl. changes in value in associates & joint ventures totalled EUR 811k (1,654)
  • Net profit for the period amounted to EUR 1,003k (1,426)
  • The gross asset value (GAV) of the property portfolio amounted to EUR 632m (499) at the end of the period
  • The loan-to-value ratio was 38% (22%) at the end of the period

 

Significant events during the period

  • Europi completed the acquisition of a 23k sqm newly built and fully let big box logistics unit within the ‘Port One’ logistics park in Ipswich, South-East UK
  • Europi’s inaugural senior unsecured green bond was listed on Nasdaq Transfer Market during the quarter
  • Six additional prime residential houses were acquired within the Hyde Park Properties strategy during the period

 

Significant events after the period

  • Europi proposed a dividend of EUR 25m to the annual general meeting
  • Europi’s senior unsecured green bond was listed on Nasdaq Stockholm sustainable bond list after the period

 

The Q1 2025 Interim Report is now available on the company’s website https://europi.se/bond-investors.

 

For further information, please contact:

Jonathan Willén, CEO, Europi Property Group

+46 (0) 8 411 55 77

E-mail: info@europi.se

 

About Europi (https://europi.se/):

Europi Property Group is a pan-European real estate investment company with offices in London and Stockholm, investing discretionary capital across all segments with a flexible investment strategy. Europi has since inception completed public and private transactions of more than €700m in gross asset value alongside its established network of local operating partners and completed four successful exits. By combining a truly entrepreneurial, active ownership approach with focus on social and environmental sustainability, Europi generates long term value and positive impact for all stakeholders.