PREMIA Properties announced a 13% increase in revenues and a 35% increase in operating profitability (adjusted EBITDA) on a consolidated basis in the first nine months of the year, compared to the corresponding period of 2023.

When compared to the same period in 2023, profit before taxes increased by EUR 15.5 million, primarily due to higher fair value adjustments on investments.

In addition, as part of the announcement of its key financial figures for the period from 1 January to 30 September 2024, the company announced the following:

• 56 properties and approx. 400 thousand sqm of buildings under management by the Group with a total investment value of €350.7 million, up 14% compared to the end of 2023.
• Delivery of major projects and active portfolio management. Opening of the green office complex in Tavros, which houses the central services of the Hellenic Tax Authority, and the modern student residences in Xanthi. Addition of (6) new properties, including the logistics property of approx. 11,000 sq.m. in Aspropyrgos with Iron Mountain as tenant, as well as selective sales of properties (Katerini, Santorini) with significant gains.
• Strategic partnerships with renowned partners and participation in major transactions. In January 2024, the company signed a strategic partnership with TEMES S.A. in the winery sector. In July 2024, PREMIA made its first investment in the tourism sector through a sale and leaseback agreement with Nordic Leisure Travel Group ("NLTG"), with an estimated completion date by the end of the year. The strategic partnership with the NLTG group is further strengthened by the agreement to participate in a future share capital increase of PREMIA. Finally, PREMIA is participating in one of the largest real estate transactions in the Greek market in recent years (Project Skyline), which is expected to be completed within the year.