Retail Estates Unveils Strategic Growth: Property Portfolio Reaches Milestone of 2 Billion EUR
Brussel, maandag, 16 juni 2025.
Retail Estates presents a promising annual report for 2024-2025, with its property portfolio reaching a historic threshold of 2 billion EUR. The company demonstrates solid performance with net rental income of 142.18 million EUR, a 2.41% increase from the previous year. With an occupancy rate of 97.26% and an EPRA result of 90.86 million EUR, Retail Estates showcases resilience in the retail property market. The company strategically invests in sustainability, spending 11.41 million EUR on enhancing its property portfolio’s sustainability. The interim dividend of 5.10 EUR per share reflects confidence in the company’s future growth and stability.
2 Billion EUR Property Portfolio Milestone
Retail Estates has achieved a significant milestone with a property portfolio valued at 2 billion EUR, demonstrating strategic growth in the retail property market [1]. The portfolio value has grown from 2,028.32 million EUR to 2,069.54 million EUR, an increase of 2.03% [1].
Financial Performance
The company reported net rental income of 142.18 million EUR, a 2.41% increase compared to the previous year [1]. The occupancy rate remained high at 97.26%, underlining the stability of the property portfolio [1].
Sustainability Investments
Retail Estates invested 11.41 million EUR in sustainability measures, representing 12.5% of the EPRA result [1]. This includes the installation of solar panels with a capacity of 4,378 kWp, expected to generate 3,940 MWh of green electricity annually [1].
Dividend and Shareholder Return
The interim dividend is 5.10 EUR gross per share, reflecting management’s confidence in future growth [1]. Shareholders have the option to reinvest this dividend in new shares at an issue price of 57.12 EUR [1].