Meta Estate Trust reports 6% portfolio growth in H1 2025, prepares listing on BVB main market

Meta Estate Trust (BVB: MET) reported a 6% increase in the value of its investment portfolio in the first half of 2025, reaching 114.8 million RON, with total assets up 5% to 127.4 million RON. The company said it used the period of political and market uncertainty to consolidate its business lines and prepare for long-term growth. As of June 30, the portfolio was split between Trading (48%), Partnerships (26%), and Recurring Revenues (26%). The recurring revenues line doubled its value in the past 12 months, with investments exceeding 8 million EUR, including a retail park in Ciolpani, villas in a Radisson-branded hotel project, and a healthcare development in Piata Victoriei.   In the Trading segment, META monetized previously acquired assets and invested over 4 million EUR in new residential projects in Bucharest. In Partnerships, it completed an exit from the Novarion project in Sibiu (approx. 3 million EUR repayments) and financed new developments in Brasov and Redport.   “We have remained consistent in achieving our profitability objectives and the capital operations we committed to. Together with continuous and transparent communication, we succeeded in bringing the MET share price closer to a fair valuation. The investments made in the recurring revenues line prove the company’s ability to quickly adapt to market changes and provide solid prospects for future development and entry into a new growth phase for Meta Estate Trust,” said CEO Alex Bonea.   A key development in H1 was the company’s capital restructuring, including the repurchase of 86% of preferred shares and the issuance of 28 million new ordinary shares. The next step is cancelling preferred shares and reducing nominal value, ahead of a planned main market listing on the Bucharest Stock Exchange in early 2026   The MET share rose 10% in 2025 and 30% in the last six months. The company’s Board adopted a dividend policy targeting a minimum 5% annual yield, subject to distributable profit.   META said it remains focused on the residential market in Bucharest, where high demand and limited supply sustain opportunities. For H2, it is analysing new investments in residential, retail, and healthcare, with full-year 2025 results expected in line with budgeted profitability.