REICs portfolio value shrinks

The total value of Greek real estate investment companies’ (REICs) portfolios fell by 12.41% to 5.183 billion euros in 2025 from 5.917 billion euros in 2024.

The drop was primarily driven by asset disposals by Prodea, which weighed on the overall market size. Prodea’s sales activity continued in the first months of 2026, as part of the completion of transactions agreed in the previous year, further reducing the market footprint of REICs.

As a result, Trastor has significantly narrowed the gap with Prodea in terms of the value of their domestic portfolios, compared with previous years when the difference was much wider. According to data from the Institutional Investors Association, Prodea recorded the largest change, with its portfolio value falling to 1.847 billion euros from 3.036 billion euros in 2024, marking an annual decline of around 39%.

On the other hand, Premia Properties posted the strongest growth, also close to 39%, with the value of its investments rising to 692 million euros from 497 million euros in 2024.

Trastor also moved higher, reporting a 22.7% increase, bringing its portfolio value to 822.6 million euros. Trade Estates rose by 11.5%, with its investment portfolio reaching 603.6 million euros.

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Noval Property followed a similar trend, posting a 6.6% increase to 657.6 million euros. BriQ Properties REIC remained broadly unchanged, with a marginal increase of around 1% and an investment value of 280.3 million euros.

Among smaller companies, Orilina Properties recorded a 5.49% rise in its portfolio value, while Mple Kedros posted a 5.4% decline.

Assets

A similar pattern was observed in total assets among the five largest companies. Prodea reported a decline of around 18%, Trastor grew by approximately 19%, Noval Property posted a 2.8% increase, Premia expanded by more than 40%, while Trade Estates rose by about 9%.