Premia Properties announced its financial results for the first half of 2025, reporting strong growth and strategic progress. The company currently manages 67 properties with a total of 496,000 square meters of building space.
During the reporting period, Premia delivered solid performance metrics. The gross yield from income-producing properties reached 7.2%, while the weighted average lease term (WAULT) stood at 9.4 years, reflecting the quality and stability of its asset base.
The company continued to actively execute its investment program and manage its portfolio. In the first half of the year, Premia acquired the Semeli winery along with its vineyards, an office property in Thessaloniki leased to Ktimatologio S.A., and two additional commercial properties — one in Thessaloniki (to be refurbished and leased) and one in Athens, leased to Spanos S.A. It also strengthened its presence in the student housing sector with the acquisition of two buildings in Larissa and Xanthi, which will be converted for that use. Furthermore, the company completed the sale of three properties — two plots and one residential asset in Paros — generating a profit of €0.9 million.
In the third quarter of 2025, Premia executed further significant transactions totaling €73 million, acquiring a hotel in the Canary Islands, a school complex in Artemida, and a commercial asset in Koropi.
Financially, the company recorded an 86% increase in revenues and a 109% rise in adjusted EBITDA compared to the same period in 2024, on a consolidated basis. Pre-tax profits were lower than the prior year due to reduced gains from the revaluation of investment properties at fair value — a non-recurring income component.
Premia maintains a solid financial position, with net asset value at €203 million, net debt at €324 million, and total assets amounting to €558 million. In July 2025, the company further strengthened its capital base by successfully completing a €40 million share capital increase.
The company’s strong credit standing was once again confirmed by ICAP CRIF, which in September 2025 upgraded Premia’s rating to AA (from A for the past three years), classifying it within the category of very low credit risk — a distinction held for the fourth consecutive year.
Looking ahead to the second half of 2025, Premia remains focused on the consistent and effective implementation of its business plan. Its priority is the addition of high-quality, high-yield properties with long-term leases and creditworthy tenants. While its primary focus remains on income-producing assets, the company also evaluates re-development opportunities that could offer higher returns and capital appreciation.
Premia continues to concentrate on sectors where it already has a strong presence — such as hotels, student housing, and logistics/industrial assets — and is selectively considering entry into new sectors with strong demand and growth potential. At the same time, it places significant emphasis on the effective management of its debt obligations and the optimization of its financing terms. The company actively leverages available financial instruments, including Recovery and Resilience Facility (RRF) financing. Management is closely monitoring the evolving macroeconomic and geopolitical landscape, maintaining flexibility to adjust its strategy if needed.
The company’s total investment program for 2025 amounts to €180 million, of which approximately €110 million has already been implemented, primarily reinforcing its presence in strategic sectors like hospitality and student housing. Based on the strong first-half results, Premia reaffirms its full-year guidance for consolidated revenues in the range of €34–35 million and adjusted EBITDA between €22–23 million, in line with previous estimates.
A key milestone in 2025 was the successful €40 million share capital increase completed in July. This not only secured funding for the company’s ongoing growth but also broadened the shareholder base with the participation of high-caliber investors and increased the free float — reinforcing market confidence in Premia and its strategic plan.
