Vækstaktier.dk: EgnsINVEST Real Estate Germany on track with budget in the first quarter of the year

The preliminary highlights for the first three months of the year show an expected result before exchange rate and value adjustments (EBVAT) of DKK 3.5 million. This is in line with the company's expectations, which remain unchanged in the range of DKK 15–17 million for the full year.

The company also expects a positive adjustment of property values of DKK 2.2 million in the first quarter of 2026, which is relevant during a period of unchanged yield requirements. The expected positive value adjustment is therefore solely attributable to EgnsINVEST Real Estate Germany's focus on ongoing rent increases, improved lease agreements including rapid re-letting. The company generally experiences low vacancy rates in both residential and commercial leases, and the trend in vacancy levels reflects an unchanged high demand, particularly for housing in Berlin.

EgnsINVEST Real Estate Germany continues to focus on raising rents where permitted by law. Similarly, there is a focus on renovating apartments upon vacancy in order to increase rents, and work continues on securing rent increases when re-letting commercial premises.

The company initiated a share buyback programme last month with the purpose of reducing the company's share capital using the acquired shares. Up to 37,800 own shares may be repurchased, equivalent to approximately 1.61% of the company's share capital, up to a maximum of DKK 6 million. A maximum of 200 shares may be purchased per day, and a weekly status with aggregated information about completed transactions is issued, including the number of shares repurchased and at what price.

EgnsINVEST Real Estate Germany will publish the final quarterly report for the first quarter on 27 May 2026.