23 September 2025, Limassol, Cyprus / Ad hoc announcement pursuant to Art. 53 LR
UNAUDITED INTERIM RESULTS
Business Highlights – First Half Of 2025
- Supported by the first signs of positive momentum in the European real estate market, EPH European Property Holdings PLC (“EPH” or the “Company”) continues to achieve stable operational growth. In the first half of 2025, rental income increased by 2.84% compared to the same period last year, supported by active asset management, which has maintained close to full occupancy along with rent indexations.
- As of 30 June 2025, EPH’s real estate portfolio comprised ten prime assets in prestigious locations across Germany, Austria and Switzerland with a total value of EUR 815 million. A key driver of the Company’s sustained growth is its portfolio of high-quality properties, all of which meet high sustainability standards. Seven out of nine office and hotel buildings (excluding the parking garage QBC 7) have achieved DGNB Platin, DGNB Gold or LEED Gold certifications. These properties are leased to tenants with strong credit ratings emphasising the portfolio’s stability and long-term value.
- In line with the turn of the real estate market, EPH recorded a revaluation gain in the first half of 2025, reflecting higher market rental rates and a stabilization of discount and capitalization rates. This marks a reversal from the previous years, when declining growth in the European real estate market led to downward adjustments in property values. For this reporting period, EPH’s real estate portfolio increased by EUR 3 million compared to a devaluation of EUR 24 million during 2024.
Financial Highlights – First Half Of 2025
- As of 30 June 2025, the balance sheet total (total assets) amounted to EUR 986.64 million, compared to EUR 978.79 million as of 31 December 2024.
- Net assets (calculated as total equity) amounted to EUR 503.27 million, compared to EUR 500.23 million at the end of 2024.
- EPH reports a net profit of EUR 4.73 million for the first half year of 2025, compared to a net loss of …