Branicks Group AG Reports Robust First Quarter Performance

In Q1 2025, Branicks Group AG demonstrated strong operational and financial strides. The real estate company, focusing on logistics and office assets, achieved a letting performance of 78,900 sqm, with new lettings accounting for 36,700 sqm. Additionally, existing contracts encompassed 42,200 sqm. The firm repaid €115 million in promissory note loans, continuing its financial consolidation efforts.

Despite a challenging economic backdrop, Branicks reported an increased FFO I earnings of €11.4 million, up from €9.0 million in Q1 2024. The company's operating expenses, at €13.8 million, decreased by 11.5% compared to the previous year. Assets under management totalled €11.2 billion as of March 2025, a slight decrease from the previous year.

Branicks' focus remains on debt reduction and optimization of portfolio and cash flow, with plans to carry out transactions worth €0.7 to 1.0 billion in 2025. The company remains committed to achieving a positive net result by 2026.