CPI Europe has reported net profit of €513.5 million for 2025 versus €133.5 million in 2024, driven by positive revaluation results of €211.8 million influenced by market trends in yields and rents in the retail sector.
EBIT increased to €710.3 million while rental income totalled €562.5 million, down from the previous year due to property sales. After adjusting for acquisitions, completions and sales, like-for-like rental income rose by 1.7%. Financial results improved to minus €110.5 million.
The company continued developing its property portfolio through targeted sales and investments, including the acquisition of a residential portfolio with approximately 12,000 apartments in the Czech Republic. CPI Europe's portfolio included 357 properties valued at €8.7 billion with 3.8 million sqm of rentable space at year-end 2025. The occupancy rate reached 94.0% with an average unexpired lease term of 3.9 years.
CPI Europe maintained a robust balance sheet with an equity ratio of 47.1% and net loan-to-value ratio of 42.6%. Cash and cash equivalents amounted to €320 million, with 93.2% of financial liabilities hedged against interest rate changes. EPRA NTA per share increased to €35.62.
For 2026, the company plans to focus on optimising its investment portfolio, particularly the newly acquired Czech residential properties and retail park expansion, while continuing non-core asset sales and pursuing growth opportunities.
