Strong investor demand drives 1.4x oversubscription of Premia Properties bond

According to the company, the issuance of the seven-year bond, amounting to €150 million, was completed with notable success, attracting strong interest from the investment community. Total demand reached €211.5 million, oversubscribing the offering by 1.4 times, while the annual coupon was set at 4.1%.

Through the successful raising of capital, Premia Properties continues to strengthen its financial structure, maintaining its steadily upward trajectory, with the strategic objective of achieving an investment portfolio valued at €1 billion.

The company’s Chairman, Ilias Georgiadis, stated: “The bond issuance represents a major success for all of us at Premia Properties and demonstrates the vote of confidence from investors. Even in a period of instability, our team, led by Chief Executive Officer Kostas Markazos, managed to reach yet another milestone and continue on the path toward achieving our strategic growth objectives for the coming years.”

For his part, the company’s Chief Executive Officer, Kostas Markazos, noted: “We thank the investment community for the confidence it shows in Premia Properties during exceptionally challenging times, as reflected in the oversubscription of the bond—our second issuance within five years. We are particularly proud of the interest shown by thousands of individual investors who consistently place their trust in us. The new funds will enable us to continue our dynamic investment program, expanding our portfolio and enhancing our profitability.”