30 May, 2025
by Europi Property Group
Q1 2025 Interim Report, January – March 2025
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.
Q1 Interim Report
For further information, please contact:
Jonathan Willén, CEO, Europi Property Group
+46 (0) 8 411 55 77
E-mail: info@europi.se
