Trade Estates: net profit rises 66% and rental income increases 9.6%

In particular, the company’s total revenue amounted to €51.9 million, representing an increase of 12.3% compared to 2024, while rental income reached €41.1 million, marking a rise of 9.6%. This development reflects the continued strengthening of operating performance and the steady demand for the company’s properties.

At the level of operating profitability, adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) stood at €31.3 million, up by 4.0%. Funds from operations (FFO), a key performance indicator for real estate investment companies, increased significantly by 44.3% to €22.0 million.

Net profitability recorded a particularly strong increase, with adjusted net profit after tax amounting to €21.6 million, up by 64.9%, while net profit reached €39.9 million, marking a rise of 66.1% compared to the previous fiscal year. This performance was further supported by the revaluation of the fair value of investment properties.

At the same time, the company’s total assets stood at €661.0 million as of 31 December 2025, up by 9.2%, while gross asset value (GAV) amounted to €601.5 million, recording an increase of 11.1%. Net asset value (NAV) reached €340.0 million, or €2.81 per share, marking an increase of 9.0%.

Dividend at €0.13 per share
With regard to shareholder remuneration, the Board of Directors will propose to the Annual General Meeting on 5 June 2026 the distribution of a dividend of €0.13 per share, increased by 30.7% compared to the 2024 fiscal year. Given the distribution of an interim dividend of €0.06509063 per share in November 2025, the remaining dividend to be distributed amounts to an equivalent figure.

The results confirm Trade Estates’ continued growth trajectory, with a focus on value creation through investments in modern commercial real estate and the maintenance of strong cash flows.