EUROCASTLE INVESTMENT LIMITED
FOR IMMEDIATE RELEASE
Contact:
Oak Fund Services (Guernsey) Limited
Company Administrator
Attn: Nicole Barnes
Tel: +44 1481 723450
Eurocastle Releases First Half 2025 Financial Results, 2025 AGM Results and PDMR Dealing Notification
Guernsey, 6 August 2025 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) (“Eurocastle” or the “Company”) today has released its financial report for the six months ended 30 June 2025. In addition, the Company announces the results of its 2025 Annual General Meeting held yesterday, 5 August 2025, at which all ordinary and extraordinary resolutions tabled were approved.
- ADJUSTED NET ASSET VALUE (“NAV”)1 of €15.2 million, or €15.19 per share2 (€11.1 million, or €11.43 per share as at Q1 2025).
- Increase of €3.76 per share reflects the net impact of the previously announced release of the Liquidation Reserves, following the €61 million of commitments raised by the Luxembourg fund through which it invests, and the resulting strengthened financial position and enhanced outlook under its New Investment Strategy
- IFRS NAV of €21.2 million, or €21.19 per share (€22.0 million, or €22.01 per share as at Q1 2025).
| Q1 2025 NAV | Q2 Cash Movement | Q2 FV Movement | Q2 2025 NAV | ||||||||||
| €’m | € p.s. | €’m | € p.s. | €’m | € p.s. | €’m | € p.s. | ||||||
| New Investment Strategy – Greece | 5.86 | 5.85 | (3.75) | (3.75) | (0.27) | (0.26) | 1.84 | 1.84 | |||||
|
Legacy Italian Real Estate Funds |
0.06 | 0.06 | – | – | – | – | 0.06 | 0.06 | |||||
| Net Corporate Cash3 | 12.11 | 12.09 | 3.75 | 3.75 | (0.59) | (0.59) | 15.27 | 15.25 | |||||
| Legacy German Tax Asset | 4.01 | 4.01 | – | – | 0.04 | 0.03 | 4.05 | 4.04 | |||||
| IFRS NAV | 22.04 | 22.01 | – | – | (0.82) | (0.82) | 21.22 | 21.19 | |||||
| Legacy German Tax Reserve | (6.01) | (6.00) | – | – | 0.00 | 0.00 | 6.01 | 6.00 | |||||
| Liquidation Reserves | (4.59) | (4.58) | – | – | 4.59 | 4.58 | – | – | |||||