Premia Targets 2,000 Student Beds with Over €120 Million Investment Plan

In the rapidly developing real estate sector, Premia is making dynamic investments, reinforcing its presence in this specific industry with €17 million in investments and aiming to create 2,000 beds. With four units already operational, Premia plans to develop five more by the end of 2025, including locations in Xanthi (two), Volos, Larissa, and Rhodes, while also exploring new opportunities in Athens. As highlighted by Premia’s managing advisor, Kostas Markazos, during yesterday’s General Assembly, the company does not compete with S.D.I.T projects but focuses on developing high-quality proprietary properties in central urban areas, emphasizing safety, modern amenities, and affordable pricing. This investment is part of a new €120+ million investment plan, which Premia is steering with an upcoming capital increase of up to €40 million—the fourth in sequence—expected to be completed by the end of June. The funds will be directed towards the company’s core activities, aiming to further strengthen and expand geographically within the Greek market. Additionally, Premia is enhancing its presence in the hospitality sector, focusing on long-term property leasing rather than management. A strategic partnership with Nordic Leisure Travel Group (NLTG) has been established, and further expansion into the tourism market, both domestically and internationally, is under consideration. Investments in ‘green’ offices and school units are also underway. Premia follows a unique strategy in the winemaking sector, concentrating exclusively on acquiring and leasing winemaking facilities (wineries and storage spaces). Looking ahead, Premia aims to increase its portfolio value close to €1 billion by 2027, ensuring balanced pricing for new shares to incentivize participation while safeguarding existing shareholders’ interests. Despite challenges, Mr. Markazos expressed optimism about the prospects for 2025, with forecasts indicating a doubling of net profits compared to 2024. In Q1 2025, profits reached €38 million, and earnings per share are expected to rise by 10%, with stable operating expenses. Favorable conditions from declining interest rates and a strengthened tourism sector contribute to further profitability, as Premia continues to solidify its position as one of Greece’s most dynamic real estate players.