Aroundtown H1 2025 Financial Results Show Strong Balance Sheet

Aroundtown announced stable financial results for the first half of 2025, putting the company on solid footing for opportunistic growth. Net rental income reached €591 million, with a like-for-like growth of 3%, balancing the effects of net disposals. The adjusted EBITDA remained stable at €501 million. FFO I was €150 million, influenced slightly by higher perpetual notes.

The company's portfolio saw a 1.4% increase in value from external revaluation, contributing to a net profit of €578 million. Leverage was reduced, with LTV decreasing to 40%. Aroundtown completed €400 million in disposals and issued a €750 million bond. The EPRA NTA reached €8.6 billion, indicating strong financial health.

Management transitions are underway, as Mr. Jonas Tintelnot steps in as CFO. This follows Mr. Ben David's departure. The company remains focused on strategic growth, supported by a solid balance sheet and proactive debt management.