Logistics real estate investor Montea has performed strongly in the first nine months of 2025, despite difficult market conditions. The company saw its EPRA result rise to 83 million euros, an increase of 22% compared to the same period last year. Earnings per share grew by 8% to 3.61 euros.
Rental activity remained very high, with an occupancy rate of 99.8%. A total of 265,000 m² was (re)let, of which 115,000 m² in the third quarter. “Rental activity will increase again in the second half of 2025, especially at distribution locations, or ‘last-mile hubs’, and due to a growing demand for warehouse spaces up to 20,000 m²,” says Country Director Xavier Van Reeth (photo).
Montea already invested 236 million euros this year with an average initial return of 6.6%. This means that more than 78% of the investment volume provided for in the ‘Track27’ multi-year plan has already been completed.
In addition, the company delivered three pre-let projects with a joint investment of approximately 103 million euros and an initial yield of approximately 7%. One of the notable achievements is the expansion for Movianto Belgium in Aalst.
Montea continues to invest in sustainable solutions, such as battery storage in Belgium and the Netherlands, and continues its growth path towards a portfolio value of 3.5 billion euros by the end of 2027.
