Big Shopping Centers (BIG) Investor presentation summary
Event summary combining transcript, slides, and related documents.
Investor presentation summary
30 Oct, 2026Poland portfolio
10 yielding properties total 190,000 sqm GLA and €295 million fair value; projected NOI of €21.7 million.
6 projects under forward acquisition agreements represent 120,000 sqm GLA; properties under development have €19 million fair value.
Debt totals €167 million at 56% LTV, with a 4.43% fixed annual interest rate.
By 2027, the presentation projects €469 million in property value, 310,000 sqm GLA and €35.5 million year-end stabilized NOI.
2025 occupancy is shown at 99.7%; tenants include Lidl, Kaufland, Decathlon, JYSK, Carrefour and Rossmann.
CEE portfolio
Portfolio includes 20 yielding properties with 441,000 sqm GLA and €961 million in value; stabilized NOI is €77 million.
Development pipeline includes 10,000 sqm under construction, €12 million in properties under development and €25 million in land for future development.
Balkan holdings comprise 12 retail parks, 4 shopping malls and 1 designer fashion outlet, alongside office and mixed-use projects.
October 2025 portfolio occupancy is 99%; yielding-property GLA is 441,000 sqm.
Selected Balkan assets
BIG Fashion Belgrade: 33,000 sqm GLA, €86.6 million value, €7.3 million NOI and 99% occupancy.
BIG Fashion Novi Sad: 49,000 sqm GLA, €177 million value, €15.1 million NOI and 99% occupancy.
BIG Novi Sad: 45,500 sqm GLA, €88.5 million value, €7.7 million NOI and 100% occupancy.
BIG Pazova: 16,000 sqm GLA, €23.6 million value, €1.9 million NOI and 100% occupancy.
Latest events from Big Shopping Centers
- Record NOI and FFO, powered by development and strong European growth.BIG
Q4 2025 - NOI and FFO grew, while EPRA NAV traded at a 43% discount.BIG
Q1 2024 - Effective NOI and AFFO grew despite conflict-related disruption and FX pressure.BIG
Q1 2026 - FY2023 NOI and FFO advanced as international growth offset war-related pressure in Israel.BIG
Q4 2023 - €3.394bn of property spans 1.376m sqm, with development pipelines across markets.BIG
Investor presentation - H1 NOI and AFFO grew as occupancy stayed high despite conflict and lower net income.BIG
Q2 2026 - H1 effective NOI rose 16.5%, with high occupancy and stronger financing flexibility.BIG
Q2 2025 - NOI and profit rose as high occupancy and Polish acquisitions expanded the portfolio.BIG
Q1 2025 - Record NOI and AFFO growth in 2024, with robust expansion in Israel and Europe.BIG
Q4 2024