Snapshot

Premia Properties REIC (“PREMIA”) is a fast growing and dynamic Greek real estate company. Founded in 1991, the company’s majority stake was acquired by Swedish real estate group STERNER STENHUS in July 2020. PREMIA pursues growth though the creation of a diversified portfolio which will generate attractive and sustainable risk-adjusted returns for all stakeholders. PREMIA invests in properties linked to vital sectors of the economy i.e. logistics, commercial big boxes, social infrastructure real estate (education sector) serviced apartments and health. PREMIA is a listed company, and its shares are being traded on the Athens Exchange since 2008.

According to latest corporate announcements

54

Properties under Management

100% occupancy

(on income producing properties)

388.793 sq.m.

Gross Leased Area (GLA)

7.4 years

WALT (Weighted average lease term on income producing properties, excluding PPP)

€307.2 mil.

Gross Asset Value

According to last published financial results

7.6 %

Gross Yield

50%

Net Loan-to-Value (Net LTV)

€356 million

Total Assets

credit rating

(ICAP CRIF, 17.10.2023)

€147 million

Total Equity

Investment Strategy

PREMIA aims to create a portfolio of high-quality real estate, with low volatility and adequate risk spread, following a clear investment policy designed to optimise synthesis and diversify its investment portfolio, while also enhancing its qualitative characteristics. In this context, PREMIA is endeavouring to further strengthen itself in key segments it is already active it, while selectively considering entry into new segments of the real estate market. The goal is to bolster PREMIA’s portfolio with high-quality properties with sustainability characteristics, achieve high lease performance, and partner with financially sound tenants through long-term agreements. In tandem, the company is pursuing energy upgrades to select properties in its portfolio, along with capitalisation on development-worthy properties it owns, and in general manages its portfolio proactively, for the long-term benefit of PREMIA and its shareholders.

Logistics Centers

in the supply chain industry

Commercial Big Boxes

in the food retail, DIY

Social Infrastructure Properties

buildings with a social impact, especially in the fields of education and health care (such as schools, hospitals, diagnostic clinics, nursing homes).

Serviced Apartments

Serviced Apartments and Students Housing

Industrial Properties

Wineries, Vineyards