Montea enters Italy | Q3 2026 results

Montea enters Italy at scale and broadens development partnership with Weerts Logistics Parks

• €344 million direct-yielding portfolio acquisition from Weerts Logistics Parks (WLP) across Italy and Germany, with a 16-year WALT and 5.7% average net yield
• Exclusive development partnership with WLP in Italy through 2030, supporting the ambition to at least double the Italian portfolio
• Italy becomes Montea’s fifth core market, adding immediate scale in one of Europe’s largest logistics markets
• Increased stake in the Montea-WLP JV to 49%, with the fully let Skechers development expanding to 230,000 m²
• Attractive, leverage-neutral deal structure, with new shares issued at a 28% premium to last close and above latest EPRA NTA, entitled to dividends from FY2027; WLP becomes a 10% shareholder