Bucharest, August 25, 2025

Meta Estate Trust (stock symbol MET), a holding company operating in the real estate sector and acting as a gateway between the real estate market and the capital market, announces its financial results for the first half of 2025. With total revenues of 13.78 million lei and a net profit of 4.65 million lei, the company achieved its budgeted profitability targets, despite a decline compared to the same period in 2024 (–39% revenues, –36% profit), demonstrating the resilience and discipline of its investment strategy.

Growing portfolio and balance across business lines

As of June 30, 2025, Meta Estate Trust’s investment portfolio value reached 114.8 million lei, up 6% from the beginning of the year, with total assets of 127.4 million lei (+5%). The portfolio structure confirms balance across business lines: Trading (48%), Partnerships (26%), and Recurring Income (26%). The accelerated development of the recurring income line, which doubled in value over the past 12 months, shows the company’s ability to build a strong mix between quick returns and long-term stability.

"We increased the portfolio value to over 114 million lei and successfully managed the capital simplification process. The performance of MET shares on the stock exchange and our dividend policy confirm investor confidence. Our goal is to provide predictability and transparency, positioning the company for a new stage of expansion on the capital market." — Alex Bonea, CEO, Meta Estate Trust

Performance drivers in H1

  • Trading: META capitalized on its stock of previously acquired properties and invested over €4 million in new residential projects in Bucharest (45 apartments and 19 parking spaces). It also restructured investments in Bucharest and Brașov, preparing new exits for H2.

  • Partnerships: The company executed a significant exit from the Novarion Living Experience project in Sibiu, with repayments of around €3 million, and granted a new €200,000 loan to Redport. The Poiana Brașov project is under preparation for construction works.

  • Recurring Income: Two major investments were completed — a retail park in Ciolpani and four villas within a Radisson hotel project. In addition, the medical clinic project in Piața Victoriei received its building permit, with the lease agreement to follow.

By June 30, the company reached key milestones in recurring income projects, with a total value of over €8 million (equity + debt, including financing partners). For the second half of the year, three more stand-alone projects are under review.

"MET shares have had an impressive performance: +10% in 2025 and +30% in the past six months. At the same time, the Board of Directors adopted a dividend policy committing to propose an annual minimum yield of 5%, within distributable profit." — Bogdan Gramanschi, CFO, Meta Estate Trust

Capital simplification and preparation for main market listing

A central focus in H1 was capital restructuring. META repurchased over 86% of its preferred shares and increased share capital through the issuance of 28 million new common shares. For the second half of the year, the company plans to cancel the repurchased preferred shares and reduce nominal value — a necessary step in preparing for its listing on the Bucharest Stock Exchange main market in early 2026.

Focus on residential and risk management

META remains strongly focused on the residential sector, especially in Bucharest, where high demand, limited supply, and an aging housing stock create opportunities for new developments. The average time from pre-contract to completion is 12–24 months, while the average resale time for acquired units does not exceed four months, supporting dynamic turnover. Internal risk policies are constantly adjusted to reflect market changes, ensuring prudent investment management.

Outlook for H2 and full-year 2025

For the second half of the year, the company is analyzing new investments in residential, retail, and medical projects, reinforcing the balance between higher-yield partnerships and stable recurring income assets. Full-year 2025 estimates remain in line with budgeted profitability, despite economic and real estate market volatility. The dividend policy, guaranteeing a minimum yield of 5%, strengthens the company’s attractiveness to investors.

About Meta Estate Trust

Meta Estate Trust is a holding company operating in the real estate sector, founded in March 2021 by a group of Romanian entrepreneurs with experience in real estate and capital markets. Since August 29, 2022, Meta Estate Trust has been listed on the Bucharest Stock Exchange, AeRO market, under the ticker MET. Starting March 20, 2023, the MET share has been included in the BETAeRO index. Its investment policy is based on a mix of investment types with different risk-return profiles, with a diversified and flexible portfolio that can easily adapt to market cycles.