Ascencio SA Celebrates 20 Years of Resilience with Strong Financial Results

Ascencio SA, a leading real estate company, has released its semi-annual financial report for the period ending March 31, 2026. As the company celebrates its 20th anniversary, it has demonstrated remarkable resilience in the face of a challenging market environment. With a gross portfolio yield of 6.93%, average financing cost of 2.23%, and a slight decrease in portfolio valuation of 0.3%, Ascencio SA has shown its ability to navigate through uncertainty.

The company's operational results have been stable, with rental income reaching 27.2 million EUR, a 0.3% increase compared to the same period last year. The EPRA result, a key performance indicator for real estate companies, stood at 18.4 million EUR, a slight decrease of 0.3% compared to the previous year. On a per-share basis, the EPRA result was 2.80 EUR, down from 2.81 EUR in the previous year. Net profit increased to 19.5 million EUR, primarily due to a positive revaluation gain of 1.1 million EUR, compared to a loss of 0.3 million EUR in the same period last year.

In terms of balance sheet metrics, the portfolio's fair value has increased to 768.6 million EUR, up from 746.5 million EUR at the end of September 2025. The loan-to-value (LTV) ratio, as defined by EPRA, stood at 44.1%, a slight increase from 40.7% at the end of September 2025. The EPRA net tangible assets (NTA) per share were 65.18 EUR, down from 67.14 EUR at the end of September 2025.

One notable highlight from the report is the acquisition of the Horizon Provence retail park in France. This strategic move is expected to enhance the company's portfolio and contribute to its long-term growth. As Ascencio SA continues to celebrate its 20th anniversary, the company remains committed to delivering strong results and creating value for its shareholders.

Looking back at the company's history, Ascencio SA has come a long way since its inception in 2006. With a strong focus on residential and commercial real estate, the company has established itself as a major player in the European market. Through its consistent performance and strategic acquisitions, Ascencio SA has built a reputation for being a reliable and resilient real estate investment trust (REIT).

As the real estate market continues to evolve, Ascencio SA is well-positioned to navigate the challenges and opportunities that lie ahead. With a strong portfolio, a solid financial foundation, and a commitment to delivering value to its shareholders, the company is poised for continued success in the years to come.