Strong AFFO Growth
AFFO increased by 28.2% to EUR 62.3 million, driven by strong cash generation from core business and improved margins.
Net Cold Rent Increase
Net cold rent grew by 7.2% to EUR 229.5 million, supported by like-for-like growth and the integration of BCP.
Successful Integration of BCP
BCP is operationally and financially fully integrated, contributing EUR 12 million to rental growth.
Disposal Program Progress
Sold 1,500 units in Q1 with proceeds of EUR 125 million, with ongoing robust transaction activity in the German residential market.
EBITDA Margin Improvement
Adjusted EBITDA rose by 10% to EUR 173.4 million, with a margin improvement of 200 basis points to 75.6%.