Debt ManagementThe company continues to work on reshaping the maturities profile and lowering the cost of debt, with a current cost of debt reduced to 5.3%.
Earnings GuidanceManagement has improved 2025 guidance, which now foresees FFO of Eu39mn from the previous Eu38mn.
Stock ValuationThe stock remains appealing due to a 31% discount to GAV and 8.0x P/FFO for 2026E, especially considering stabilising real estate valuations.