kathimerini.gr
Premia Properties to Invest €100-120 Million, Targeting Portfolio Doubling
Premia Properties AEAAP plans a €100-120 million investment over the next year, leveraging a €40 million capital increase to expand into student housing, offices, wineries, and social infrastructure, aiming to double its portfolio value to €1 billion within three years.
- What is the immediate impact of Premia Properties' €40 million capital increase on its investment strategy and projected growth?
- Premia Properties AEAAP plans to invest €100-120 million in the next 12 months, fueled by a €40 million capital increase approved by shareholders. This increase involves issuing up to 80 million new shares, offering existing shareholders the right to maintain their ownership.
- How will Premia's diversified investment portfolio across student housing, offices, wineries, and social infrastructure contribute to its financial projections?
- The investment will target student housing, offices, wineries, and social infrastructure like schools, aiming to double the portfolio value to €1 billion within three years. This follows a 62% portfolio value increase in 2024, reaching €497.8 million across 61 properties.
- What are the long-term risks and potential challenges Premia Properties might face in achieving its ambitious goal of doubling its portfolio value within three years?
- Premia projects significantly higher net profits this year, with annualized revenue reaching €34-35 million (up from €22.4 million in 2024) and adjusted EBITDA exceeding €22-23 million (a rise exceeding 50%). This growth is driven by investments completed in 2024, including a student residence in Xanthi and office building leases.
Cognitive Concepts
Framing Bias
The framing is largely neutral and positive, focusing on Premia Properties' expansion and growth. The headline (if one existed) would likely influence the overall framing, but based on the text alone, the positive outlook is balanced by details on investments and financial projections.
Language Bias
The language used is largely neutral and factual, avoiding overtly positive or negative connotations. The description of the company's financial performance uses precise figures and avoids emotionally charged language. While terms like "investment arsenal" might be slightly evocative, they do not significantly distort the objective information presented.
Sustainable Development Goals
The expansion of Premia Properties, including investments in student housing, offices, wineries, and social infrastructure like schools, will stimulate economic activity, create jobs, and contribute to overall economic growth. The increase in revenue and profitability further supports this positive impact.