)
Visual24 Oct 2025
The rise of Alphabet
Covivio (COV) investor relations material
Covivio Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary22 Oct, 2025
Executive summary
Real estate markets in Europe remain resilient, with investment volumes expected to rise by 7% in 2025 and a comeback of large deals across offices, hotels, and German residential sectors.
Revenue grew by 4.8% at current scope and 3.5% like-for-like over nine months, reaching €797.8m (100% share) and €533 million Group share, driven by strong performance in offices, German residential, and hotels.
Active asset management and hotel portfolio reinforcement are fueling future growth, including office-to-hotel conversions and major refurbishments.
Office take-up stabilized, with a reversal in remote working trends and high occupancy rates maintained.
German residential segment saw year-on-year increases in prices (+3%) and rents (+5% in Berlin), with strong rental reversion on re-lettings.
Financial highlights
9M 2025 revenues reached €797.8m (100% share), up 4.8% at current scope and 3.5% like-for-like compared to 9M 2024; Group share revenue was €533 million.
Offices revenue up 3.6% like-for-like, hotels up 1.5% like-for-like (7.5% at current scope), and German residential up 4.8% like-for-like.
Occupancy rates: Offices 95.5%, Hotels 100%, German residential 98.9%, with an average portfolio occupancy of 97.2%.
Average fixed lease term was 6.4 years.
Hotels revenue rose 7.5% at current scope, with occupancy at 100% for leased hotels.
Outlook and guidance
Guidance for 2025 recurring net result (Adjusted EPRA Earnings) confirmed at €515m (+8% YoY), or €4.64 per share (+4% YoY).
Real estate investment volumes in Europe expected to rise by 7% for the full year 2025.
RevPAR in hotels projected to increase by 1.7% in 2025 and 2.0% in 2026.
Positive medium-term outlook for hotels and German residential, with continued rental growth and favorable supply-demand dynamics.
How does Covivio benefit from office market shifts?
What returns from office-to-hotel conversions?
What drives German residential rental reversion?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Covivio earnings date
H2 202518 Feb, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Covivio S.A. is a European real estate investment firm that focuses on owning, developing, and managing a diversified portfolio of commercial and residential properties. The company operates across several sectors, including office spaces, hotels, and residential properties, with a strong presence in key European cities such as Paris, Milan, and Berlin. Covivio emphasizes sustainable and innovative real estate solutions, aligning its projects with environmental and energy efficiency standards. The company collaborates with corporate clients, hospitality groups, and residential tenants to offer modern, flexible spaces tailored to their needs. The company is headquartered in Paris, France, and its shares are listed on Euronext Paris.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage