Eurocastle Investment (ECT) Q1 2026 earnings summary

Executive summary

• NAV increased to €21.1 million (€20.99 per share) as of Q1 2026, up from €20.6 million (€20.51 per share) at Q4 2025, driven by higher valuations in EPIF holdings.

• Launched European Properties Investment Fund (EPIF) focusing on opportunistic real estate in Southern Europe, with plans for further fund launches and fee generation.

• Annual General Meeting scheduled for 26 June 2026.

Financial highlights

• Q1 2026 profit of €480,000, or €0.48 per share, compared to a loss of €42,000, or €0.04 per share, in Q1 2025.

• Total assets at €21.7 million as of 31 March 2026, up from €21.1 million at year-end 2025.

• EPIF NAV increased by €2.7 million (13%) in Q1 2026.

Outlook and guidance

• Active pipeline of potential EPIF investments totaling approximately €30 million.

• Forward-looking statements highlight uncertainties in asset disposals, investment opportunities, and performance.