Covivio announced a revenue increase of 4.8% on a current scope and 3.5% on a constant scope over the first nine months of 2025, reaching 533 million euros in Group share. The company benefited from growth in the hotel sector, the acquisition of minority shares in the CB21 tower, as well as positive performances across different asset segments. Covivio also confirmed its forecasts for 2025, targeting an adjusted recurring net result of approximately 515 million euros, an increase of 8% compared to 2024.
Real Estate Investments in Europe
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
Covivio's real estate investments in Europe increased by 2% over nine months, with an acceleration of transactions in the office sector and significant volumes in hospitality. The group also increased its stake in Covivio Hotels from 52.5% to 53.2% and acquired a hotel in Porto in the first half of the year. In German residential real estate, Covivio invested in modernization programs, contributing to strong rental reversion.
Market Conditions and Outlook
Despite an uncertain economic environment, Covivio notes a stabilization in office demand and a decrease in the impact of teleworking. The German residential market continues to see an increase in rents and property prices. In hospitality, the RevPAR is expected to rise by 1.7% in 2025. Covivio maintains a strong position in the field of ESG, with 99% of its assets environmentally certified.
Covivio confirme son objectif de résultat net récurrent (EPRA Earnings ajusté) par action 2026, en hausse d'environ +4 %
Risks mentioned
Hausse des taux d'intérêt impactant le coût du financement
Incertitudes politiques affectant les marchés d'investissement immobilier
Liquidité limitée sur les marchés de l'investissement immobilier
Opportunities identified
Accélération de la croissance des revenus à périmètre constant à +2,7 %
Pipeline de redéveloppement hôtelier de 12 projets représentant 138 M€ de capex avec rendement moyen attendu de 13 %
Signature de contrats de gestion hôteliers avec Generator et IHG pour transformations bureaux-hôtels
Outlook / guidance
Management commentary: Covivio continues to confirm its 2026 guidance of around 4% growth in recurring net result (adjusted EPRA Earnings) per share.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
