Strong Q1 Performance
The company signed 165,000 square meters of new leasing contracts across all segments, indicating strong demand for logistics real estate. A high retention rate of 80% versus the normal 65% shows early signs of recovery.
Significant Investment Secured
Over €300 million in new deals were secured, contributing to an €800 million fully funded investment pipeline, with more than 80% pre-let at an NOI yield of 6.7%.
Positive Letting and Occupancy Trends
Letting activities included two major deals in Romania and the Netherlands in the food industry, sectors showing resilience and growth potential.
Strong Earnings Growth Outlook
The company expects a 15% cumulative EPS growth by 2027, supported by the #BLEND2027 plan and a fully funded pipeline.