Covivio Achieves 5% Revenue Growth by September 2025, Maintains Guidance

Covivio reported a 5% revenue growth by the end of September 2025, reaffirming its yearly guidance. European real estate markets demonstrated resilience, with investments increasing by 2%. Notably, the office sector saw rising transactions, while hotel investments surged by 120% in Q3. Despite challenges in the hotel sector due to events like the Paris Olympics, RevPAR is projected to grow by 1.7% this year.

Office and residential segments showed improved leasing activities. Covivio achieved 35,300 m² of office lettings in Q3, while German residential repositioning led to a 25% rental increase on re-lettings. In ESG rankings, Covivio maintained a high rating, with 99% of assets certified environmentally.

The company confirmed its 2025 guidance of €515 million in recurring net income, an 8% increase from 2024.