The capital raised from the share capital increase will primarily be directed towards investments, aimed at expanding the company's portfolio. Premia is already strategizing new investment opportunities for 2025, with a medium-term goal of developing a real estate portfolio valued at €1 billion, following the achievement of the first milestone of €500 million in assets at the end of 2024.
Key priorities include acquiring properties for the development of student dormitories, acquiring school buildings, advancing real estate projects in logistics, and more recently, entering the hotel sector.
For the current investment plan of 2025, the company has already spent €17 million and is set to invest an additional €50 million, with a primary focus on student housing.
A cornerstone of Premia's strategy is the development of the student housing sector, in which the company is making strategic investments. Premia currently operates four student dormitory units and plans to develop five new dormitories by the end of 2025, with a target of creating 2,000 beds in university cities.
As Mr. Markazos emphasized during the General Assembly, Premia is not opposed to public-private partnerships (PPPs), but prefers to invest in high-quality, privately owned properties in prime locations, offering modern amenities and affordable prices to students.
The share capital increase will be carried out through the issuance of 80,000,000 new common, dematerialized, voting shares, with a nominal value of €0.50 per share. The funds raised will be used to finance new real estate investments and, if necessary, to address current loan obligations.
The areas of focus for the use of the raised funds include:
- The hotel sector,
- Student housing,
- Social-purpose buildings, particularly in the education sector,
- Sustainable ("green") office buildings,
- Logistics and industrial real estate.
