Aroundtown S.A. Reports Stable 9-Month 2025 Financial Results

Aroundtown S.A. has announced its financial results for the first nine months of 2025, demonstrating stable operational performance. The net rental income stood at €886 million, showing resilience despite net disposals, thanks to a like-for-like rental growth of 3.1%. Adjusted EBITDA was slightly lower at €750 million, marking a 1% decrease compared to the previous year.

The company's financial position remains strong with a Funds from Operations (FFO) I of €221 million, translating to €0.20 per share. These metrics are in line with the full-year 2025 guidance. Net profit reached €882 million, benefiting from property revaluations and a one-time deferred tax adjustment due to changes in German tax laws.

Aroundtown successfully issued €700 million in perpetual notes with a 5.25% coupon, reducing higher coupon debts and lowering annual coupon payments by approximately €50 million. This demonstrates strong capital market access and effective liability management. The company continues to benefit from a low average debt cost of 2.2%.