Cavatina sold last year over 1,400 residential units and raised over €500 million in external capital, including nearly €200 million from London-based fund Fidera Vecta.
The residential segment achieved total sales of 1,454 units, comprising 905 signed sales contracts, 209 active reservations, and 340 units sold in the PRS model. The company delivered 689 units to buyers, with its project portfolio now encompassing several thousand apartments across multiple cities. Office rental revenues increased by nearly 30% year-on-year to €107.1 million, with an average portfolio occupancy of 90%.
"I am proud of what we built in the residential segment in 2025. Doubling the portfolio under construction, dynamic sales in our premium Wrocław project, and launching the flagship Liberty Tower project in Warsaw, while maintaining deep regional presence - all this shows our strategy is coherent and working," said Daniel Draga, CEO of Cavatina Group.
The company's PRS segment, operated through Cavare, continues expanding with projects in Warsaw, Gdańsk and Katowice. In Gdańsk, Cavare is developing the multi-phase Palio complex, while a 164-unit project in Katowice will be completed by end-June 2026. The office portfolio generated operating profit of €93.8 million, representing a 37% year-on-year increase with an operating margin exceeding 85%.
A key milestone was the transaction with Fidera Vecta fund, which acquired newly issued shares in Resi Capital for nearly €200 million in December - the first institutional investor entry in the company's history. Cash and equivalents reached €221.3 million at year-end 2025, nearly ten times higher than the previous year, with total liquidity including short-term financial assets exceeding €350 million.
