Rental income increased by +6% over the first nine months of 2025, mainly driven by the full-year impact of 2024 deliveries and by the rent indexation applied on January 1, 2025 (+3.45%) 4 projects delivered in 2025, including 2 planned for Q4 Full-year growth target confirmed at +7% for 2025, reaching €211m in rental income The total investment budget for 2025–2026 amounts to €215m, of which €160m is scheduled for 2026. Find out more...
Strong growth in results: Rental income increased by +8% (€106 million), and recurring net income accelerated, rising by +16% (€78 million). Continued deleveraging: LTV stands at 42% (43% at end-2024), and the net debt to EBITDA ratio is 8.6x (9.2x at end-2024). These financial results confirm the 2025 targets announced at the beginning of the year. Ongoing increase in asset valuation, now reaching €4 billion based on a net capitalization rate of 5.25% (only a slight increase compared to...
Q1 2025 rental income: €106 million, up +8% 2 projects delivered in Q1 2025 as part of an investment plan of €200 million with 10 projects secured over 2025-2026 including €30 million to achieve Ongoing debt reduction: €135 of asset sales net cash impact planned over 2025-2026 Annual target for rental income confirmed for 2025: +6% to €210 million Find out more...
Q1 2025 rental income: €53 million, up +10% 2 projects delivered in Q1 2025 as part of an investment plan of €220 million for 11 projects identified over 2025-2026 at this stage Ongoing debt reduction: €180 of asset sales planned over 2025-2026 Annual target for rental income confirmed for 2025: +6% to €210 million Find out more...
Remarkable growth in financial indicators Rental income: +8% to €198 million, target fully met Group share recurring net income: +9% at €137 million, target for the year overachieved Consolidated (IFRS) Group share net income: €246 million, including a positive impact from portfolio fair value of €118 million A strengthened PREMIUM portfolio €180 million of investments delivered in 2024 and close to €170 million identified for 2025-2026 A valuation of close to €4 billion (+6% vs. 2023), with a 100%...
Annual rental income 2024: €198 million, tonic growth of +8% Outstanding year: 8 projects delivered during the year, totaling €180 million in investments for 170,000 sq.m of new warehouses 2024 disposal plan finalized: €77 million through two assets sold Asset valuation: €3.9 billion, up 6% year-on-year, with a capitalization rate excluding duties of 5.20% (a slight increase compared to the end of 2023 at 5.10% but reflecting a compression compared to the level at the end of June 2024...
Strong +9% increase over 9 months to €149 million Target for the year raised to €198 million Find out more...
High-single digit increase in rental income (+8%) and Recurring net income (+7%) Back to positive trends in portfolio valuation and occupancy at 100% for the 6th consecutive quarter Decrease in debt ratios (LTV down 4 points at 46%) 2024 targets and 2026 roadmap confirmed Find out more...
Rental income approaching €100 million in the 1st half of 2024 A historical year: €180 million in investments for 170,000 sq.m of total new built warehouses in 2024 €78 million in targeted assets sales for 2024 Annual rental income target confirmed: €197 million in 2024 Find out more...
