Business Highlights - EPH European Property Holdings PLC achieved stable operational growth in the first half of 2025, with rental income increasing by 2.84% year-over-year, supported by active asset management and high occupancy rates [5] - The real estate portfolio as of 30 June 2025 comprised ten prime assets valued at EUR 815 million, with a focus on high-quality properties meeting sustainability standards [5] - A revaluation gain of EUR 3 million was recorded in the first half of 2025, contrasting with a devaluation of EUR 24 million in 2024, indicating a recovery in the European real estate market [5] Financial Highlights - Total assets amounted to EUR 986.64 million as of 30 June 2025, up from EUR 978.79 million at the end of 2024 [5] - Net assets increased to EUR 503.27 million compared to EUR 500.23 million at the end of 2024 [5] - EPH reported a net profit of EUR 4.73 million for the first half of 2025, a significant improvement from a net loss of EUR 13.89 million in the same period of 2024 [5] Key Performance Drivers - Net rental income rose from EUR 17.39 million in the first half of 2024 to EUR 17.88 million in the first half of 2025, driven by rent indexations and high occupancy rates [5] - A gain on revaluation of investment properties of EUR 3.14 million was primarily due to increased market rental rates and stabilization of discount and capitalization rates [5] - Financing costs increased from EUR 8.1 million in the first half of 2024 to EUR 9.1 million in the first half of 2025 due to rising interest rates on bonds [5] Strategic Outlook - EPH remains focused on premium real estate in key European markets, emphasizing sustainability and a strong tenant portfolio [5] - The company is committed to enhancing its existing property portfolio while selectively expanding into prime office and hotel properties in major European cities [5] - EPH aims to strategically manage its portfolio to ensure stable income and long-term value growth, adapting to market opportunities [5]