Montea

Montea recorded an EPRA-EPS growth of 5% in the first half and rental growth of 2.8%, with leases totalling 255,000 m² signed or renewed at prices on average 16% higher. The occupancy rate was 99.4% and the Track27 investment programme is 95% financed; management confirmed the EPS target of 5.60 EUR for 2027. Montea refinanced 207 million EUR, maintains average cost of debt of 2.2% and has no maturities before 2028, after which the share price rose moderately by 3.33%. Remaining risks include the outstanding tax recognition in the Netherlands and permitting delays in France. » Mere på de.investing.com

Montea shares rose after Degroof Petercam upgraded the stock from "hold" to "buy", reaching a daily high of €67.70. The research house cited strong leasing momentum, a largely secured Track27 pipeline and expected pre‑lettings as well as planned acquisitions. Montea reported EPRA earnings per share of €2.47 (+5%) and net rents of €74.6m, and confirmed EPRA growth of 7% for 2026 and 2027. All six analysts follow the buy recommendation; the average 12‑month price target is €80.44. » Mere på de.investing.com

Montea reports rental income for 2025 up 21.4% to €139.8m and an EPRA result of €112.8m (+13.6%). EPRA earnings per share rose to €4.90 (+3.7%; adjusted +7.7%). Occupancy remained high at 99.8%, the operating margin improved to 88.9% and average cost of debt fell to 2.1%. Portfolio valuation increased in the second half (+€44m), EPRA NTA per share rose to €81.6 and LTV fell to 40.0%. For 2026 Montea forecasts EPRA earnings per share of €5.23 and a dividend of €4.19; the company executed €747m of its €1.15bn growth plan. » Mere på de.investing.com