The net asset value of INVL Baltic Real Estate, as provided in the Articles of Association section XI 'Valuation of assets of the company and calculation of the net asset value’, amounted to EUR 25,388,886 or EUR 3.1920 per share on 31 March 2025. The person authorized to provide additional information: Real Estate Fund Manager of Management Company Vytautas Bakšinskas E-mail vytautas.baksinskas@invl.com ...

Core Viewpoint - INVL Baltic Real Estate reported a decrease in both net profit and revenue for the first quarter of 2025 compared to the same period in 2024, primarily due to the sale of part of its property portfolio in Latvia [1][2][5]. Financial Performance - The unaudited consolidated net profit for the first three months of 2025 was EUR 0.14 million, down 34% from EUR 0.22 million in the same period of 2024 [1][3]. - Consolidated revenue for the same period was EUR 0.93 million, representing an 11.5% decrease from EUR 1.05 million in the first quarter of 2024 [1][4]. - The company's consolidated net operating income from owned properties was EUR 0.5 million, a 30% decline compared to the first quarter of 2024 [4]. Property Management and Occupancy - The company maintained high occupancy levels across its remaining properties, with occupancy rates ranging from 75% to 100% at the end of March 2025 [9]. - The largest portfolio property, an office building in Vilnius, generated a net operating income of EUR 0.34 million, which is 15% lower than the previous year [6]. - The Žygis Business Centre reported rental income of EUR 0.09 million, a 10% decrease from the same period last year, but occupancy returned to 100% by the end of the first quarter [7]. Asset Valuation - As of the end of March 2025, the value of INVL Baltic Real Estate's investment properties was EUR 43.55 million, reflecting a 2.3% increase from the end of the previous year [7][10]. - The company had consolidated equity of EUR 25.4 million, with equity per share increasing by 11.6% year-over-year to EUR 3.19 [3]. Future Developments - The company is nearing completion of the reconstruction of a building at 37 Vilniaus Street, which currently has an occupancy of 87% based on signed lease agreements [8]. - Design work for remodeling the Pramogų Bankas building is actively ongoing [8].

Core Viewpoint - Caliber will implement a 1-for-20 reverse stock split of its Class A and Class B common stock effective May 2, 2025, to comply with Nasdaq's minimum bid price requirement of $1.00 [1][2][3] Group 1: Reverse Stock Split Details - The reverse stock split will convert twenty current shares into one issued and outstanding share, without changing the par value or the authorized number of shares [4] - Approximately 18,574,292 shares of Class A Common Stock and 7,416,414 shares of Class B Common Stock will be reduced to approximately 928,715 shares of Class A and 370,821 shares of Class B after the split [5] - No fractional shares will be issued; all fractional shares will be rounded up to the nearest whole share [5] Group 2: Stockholder Information - Registered stockholders holding pre-split shares electronically will not need to take action to receive post-split shares, while those holding shares via brokers will have their positions automatically adjusted [6] - The reverse stock split was approved by stockholders at a special meeting on April 21, 2025, with the board of directors deciding on the 1-for-20 ratio [3] Group 3: Company Overview - Caliber manages over $2.9 billion in assets and specializes in hospitality, multi-family residential, and multi-tenant industrial sectors [7] - The company aims to generate returns in all market conditions and focuses on investment opportunities often overlooked by global real estate institutions [7]

Group 1 - DEMIRE Deutsche Mittelstand Real Estate AG will disclose its quarterly report and quarterly/interim statement on May 8, 2025 [2] - The announcement was transmitted by GlobeNewswire, indicating the issuer's responsibility for the content [1] - The company is located at Robert-Bosch-Straße 11, 63225 Langen, Germany [2]

Group 1: Company Overview - The General Ordinary Shareholders Meeting of INVL Baltic Real Estate was held on April 30, 2025, to present various reports and recommendations [1][2][3]. Group 2: Financial Reports - The consolidated annual management report for 2024 was presented to shareholders, along with the independent auditor's report on the financial statements [1][2]. - The consolidated and stand-alone financial statements for 2024 were approved by the shareholders [5]. Group 3: Profit Distribution - The distributable profit at the end of the financial year was reported as €7,693,000, with €716,000 allocated for dividends, resulting in a dividend of €0.09 per share [6][7]. Group 4: Capital Management - The authorized capital of INVL Baltic Real Estate will be reduced from €11,689,050.30 to €11,533,204.30 by canceling 107,480 own ordinary registered shares [7]. - The company was authorized to use reserves for the purchase of its own shares, with specific conditions outlined for the acquisition process [11][12]. Group 5: Governance and Committees - Three members were elected to the Audit Committee for a new four-year term: Dangutė Pranckėnienė, Andrius Lenickas, and Tomas Bubinas [14]. - The hourly remuneration for each member of the Audit Committee was set at €200 before taxes [16]. Group 6: Regulatory Updates - The Articles of Association were amended to include updated risk descriptions and provisions for bond issuance, with the new wording approved [8][9]. - The Regulations of the Audit Committee were updated in accordance with changes in the law [15].

Core Points - The General Shareholders Meeting of INVL Baltic Real Estate approved a dividend allocation of EUR 0.09 per share for the year 2024, totaling EUR 0.716 million [1][7] - The ex-date for the dividend is set for 14 May 2025, meaning new shareholders after this date will not be entitled to the dividend [3] - The company reported a consolidated net profit of EUR 2.74 million for the previous year, which is 3.9 times higher than in 2023, largely due to a property sale in Latvia contributing EUR 1.7 million to the operating result [8] - The authorized capital of the company will be reduced from EUR 11.689 million to EUR 11.533 million by canceling 107,480 own shares acquired during a buy-back process [4][8] - Shareholders authorized the company to repurchase its own shares, with a maximum purchase price based on the last published net asset value per share and a minimum price of EUR 1.45, with a buyback period of 18 months [9] - The company owns properties with a total area of 19,300 sq. m., valued at EUR 42.6 million as of December 2024, with occupancy rates between 75% and 91% [11][12] Company Overview - INVL Baltic Real Estate operates as a closed-ended investment company managed by INVL Asset Management, which is a leading alternative asset manager in the Baltics [13][14] - The company has been recognized for providing stable returns to retail investors since its inception as a collective investment undertaking in December 2016 [13] - INVL Asset Management manages over EUR 1.6 billion in assets across various asset classes, including real estate, private equity, and renewable energy [15]

Core Insights - EPH European Property Holdings has achieved stable operational growth in 2024 despite global market challenges, focusing on high-quality properties in prime European locations with strong sustainability standards [3] - The company's real estate portfolio is valued at EUR 812 million, consisting of ten prime assets in Germany, Austria, and Switzerland, with a strategic expansion into the hotel segment [3] - EPH's net rental income increased from EUR 32.60 million in 2023 to EUR 35.11 million in 2024, primarily driven by the property Lass 1 in Vienna [3] Financial Highlights - As of December 31, 2024, total assets amounted to EUR 978.79 million, up from EUR 973.22 million in 2023, while net assets decreased slightly to EUR 500.23 million from EUR 500.94 million [3] - The company reported a total net loss of EUR 3.03 million in 2024, a significant improvement from a loss of EUR 162.30 million in 2023, mainly due to non-cash accounting adjustments in the previous year [3] - Finance costs rose from EUR 15.3 million in 2023 to EUR 17.2 million in 2024 due to increased interest rates on bonds [3] Strategic Developments - EPH has acquired a historic 5-star hotel in Vevey, Switzerland, as part of its strategy to diversify its property portfolio, now owning three hotels in total [3] - The company continues to focus on major European cities and core properties, particularly in the office and hotel sectors, with robust demand for modern spaces [7] - EPH plans to redevelop the newly acquired hotel over the coming years, reflecting confidence in the Swiss hotel market [3]

Core Insights - Aedifica reported strong operational performance with results exceeding budget expectations [2] - The real estate portfolio is valued at over €6.1 billion as of March 31, 2025 [3] - The company maintains a debt-to-assets ratio below 40% and has strong liquidity [4] - The outlook for 2025 remains positive and on track [5] Financial Performance - EPRA Earnings amounted to €62.6 million, reflecting a 5% increase compared to March 31, 2024, equating to €1.32 per share [7] - Rental income rose to €93.0 million, marking a 13% increase from the same period last year [7] - There was a 3.2% increase in rental income on a like-for-like basis in the first quarter [7] - The weighted average unexpired lease term is 18 years, with an occupancy rate of 100% [7] Portfolio and Asset Management - The company operates 607 healthcare properties serving nearly 48,300 end users across 7 countries [7] - A total of 30 properties, including the entire portfolio in Sweden, were divested for approximately €100 million as part of a strategic asset rotation program [7] - The valuation of marketable investment properties increased by 0.25% on a like-for-like basis in Q1 [7] Investment and Financing - An investment program of €126 million is underway for pre-let development projects, with €66 million remaining to be invested [7] - In the first quarter, 3 projects from the committed pipeline were delivered with a total investment budget of approximately €45.5 million, while 2 new projects were added [7] - The debt-to-assets ratio was 39.9% as of March 31, 2025, and reduced to 39.5% after accounting for cash from disposals [7] - The company has over €800 million of headroom on committed credit lines and cash available for CAPEX and liquidity needs [7] - The average cost of debt, including commitment fees, is 2.2% [7] - A BBB investment-grade credit rating with a stable outlook has been assigned by S&P [7] Shareholder Returns - The EPRA NTA increased to €77.86 per share compared to €76.63 per share as of December 31, 2024 [7] - The proposed dividend for the 2025 financial year is €4.00 per share (gross), representing a pay-out ratio of 80% of consolidated EPRA Earnings [7]

Financial Results - The Company aims to generate returns for shareholders through investments in income-generating real estate in the Baltic Sea Region, including Lithuania, Latvia, Estonia, Finland, Sweden, Denmark, Poland, and Germany [2] - As of December 31, 2024, the Company's total assets were EUR 75.648 million, total equity was EUR 43.448 million, and total liabilities were EUR 32.200 million [5] - The Company's investment assets at fair value through profit or loss increased by EUR 4.029 million (6.21%) compared to December 31, 2023, totaling EUR 69.908 million [5] - The Company reported a total comprehensive income of EUR 3.344 million for the year 2024 [5] Key Events - In 2024, the Company acquired investment properties valued at approximately EUR 23.9 million, including commercial buildings and land plots in Lithuania and Poland [5] - The Company issued private bonds with a nominal value of EUR 9.974 million and redeemed private bonds worth EUR 26.570 million during 2024 [5] - A public bond offering prospectus for EUR 35 million was approved on August 13, 2024, and the Company issued bonds totaling EUR 23.774 million during the year [5] - The third tranche of the public bond issuance was completed on January 19, 2025, with bonds issued totaling EUR 11.226 million [5] Shareholder Meeting - The shareholders will vote on the approval of the Group's and Company's 2024 financial statements at a meeting scheduled for April 30, 2025 [4][5] - Proposed profit distribution includes allocating EUR 1.275 million as dividends and transferring EUR 167,220 to the legal reserve [6] - Additional agenda items for the shareholders' meeting include amendments to the Company's Articles of Association and the establishment of an Audit Committee [6]

Financial Performance - Halmont Properties Corporation reported a net income of $18.39 million for the year ended December 31, 2024, slightly down from $18.49 million in 2023 [1] - Revenue increased to $32.02 million in 2024 from $27.97 million in 2023 [1] - The diluted net income per common share decreased to 12.52¢ in 2024 from 12.69¢ in 2023 [1] Asset Management and Investments - The company completed the transition of its commercial property and forest asset portfolio, which began four years ago, and has more than doubled its equity base during this period [1] - Halmont increased the fully diluted book value of its common shares by 53%, from 60¢ to 92¢ per share [1][4] - Major transactions included a $21.7 million investment in Haliburton Forest, raising its effective ownership to 59%, and the acquisition of Murry Bros. Lumber Company sawmill [2] Capital Markets Activity - Halmont issued $50 million of Series II convertible preferred shares to provide additional capital for future investments [3] - The company revalued its real estate and other investments, resulting in an increase in the fully diluted book value of common shares to 92¢ per share at year-end 2024, up from 80¢ at year-end 2023 [4] Strategic Acquisitions - The company acquired a 50% interest in 25 Dockside Drive, Toronto, through a joint venture with George Brown College [7] - Halmont also acquired a 37.5% interest in 2 Queen East, Toronto, in collaboration with Toronto Metropolitan University and Brookfield Property Partners [7]