Vitura (VTR) Q3 2025 TU earnings summary

Executive summary

• Rental income reached €32.9 million for the first nine months of 2025, stable year-over-year.

• Portfolio occupancy rate remains at 77%, with average lease term extended to nearly six years.

• Prestigious tenants such as BPCE Group and Paris-Dauphine University signed new leases, enhancing portfolio attractiveness.

Financial highlights

• IFRS rental income for the first nine months of 2025 was €32.9 million, compared to €32.5 million in the prior-year period.

• Portfolio value estimated at €872 million as of June 30, 2025 (excluding transfer duties).

Outlook and guidance

• Paris-Dauphine University to occupy new premises in Q4 2025; BPCE Group to move in early 2026.

• Continued focus on repositioning the property portfolio to align with evolving workplace trends.