PAREF 2025 Year-End Financial Results: Strategic Refocusing and Transition

PAREF reported a strategic refocusing and transition in its 2025 financial results. The company's owned assets value decreased by 6.4%, totaling €174 million. The financial occupancy rate increased to 76.4% despite the challenging market conditions. The third-party asset management remained stable with €2.9 billion under management, though management fees decreased by 7.2%, totaling €17 million.

The company made significant operational strides, such as the sale of non-strategic assets and securing a 10-year lease with Mon Marché. A notable project is the NAU! mixed-use development in Frankfurt. PAREF's dividend was suspended for 2025 due to an amendment in the financing agreement and a focus on preserving cash flow while improving the Interest Coverage Ratio (ICR).

In 2026, PAREF aims to concentrate on its core business areas of investment, fund management, and asset management. The goal is to stabilize its financial balance by improving its ICR and ensuring long-term value creation for shareholders.