Montea on track for targeted profit and value growth
- EPRA earnings up by 25%, with a 9% increase in EPRA earnings per share
- Portfolio expanded by €118 million, reaching €2.9 billion
- 90,000 m² of space let in 2025 including a newly pre-let development, highlighting sustained market momentum
- 99.9% occupancy rate and like-for-like rental growth of 3.6%
- Close to 200,000 m² under construction, fully pre-let with an average lease term of 17 years
Strong financial foundations
- Successful financing and refinancing reduces the expected average cost of debt through 2026 from 2.3% to 2.1%
- Solid balance sheet with a 34.9% loan-to-value and controlled Adjusted net debt/EBITDA of 6.9x. This leaves approximately €600 million of investment capacity available within the 8x threshold, covering more than 90% of the remaining investments under Track27
