COVIVIO: management transactions · France · AMF

About COVIVIO

Covivio is a leading European real estate group focused on owning, developing, managing, and operating assets across office, hotel, and residential property segments. The company traces its roots to Foncière des Régions and adopted the Covivio name in 2018 to better reflect its pan-European footprint and its ambition to position itself as an integrated real estate operator, closely aligned with the needs of tenants, occupiers, and hotel operators. Its headquarters are in Metz, with key operational presence in Paris and across several major European cities. Covivio’s business model is built around three core platforms. Its office portfolio is concentrated in major urban centers, with a preference for central locations, high-quality buildings, and assets able to generate resilient rental income. The residential business, particularly in Germany, is anchored by a large portfolio of rental housing managed with an active asset management approach and a long-term lease profile. The third pillar, hotels, has been strengthened in recent years through targeted investments and partnerships with leading hospitality players, making Covivio one of Europe’s most significant hotel real estate owners. Listed on Euronext Paris, Covivio stands out for its selective portfolio rotation strategy, with capital recycling toward the most attractive segments and geographies. In 2024, the group continued an active investment and disposal program while delivering growth in recurring earnings and further strengthening its balance sheet. Its consolidated property portfolio exceeds €23 billion, with exposure primarily in France, Germany, Italy, and other key European markets. This geographic diversification supports income stability and helps limit concentration risk. Covivio also places strong emphasis on ESG performance. The group highlights a high level of asset certification, carbon-reduction commitments, and a focus on transport-oriented, well-connected locations. This sustainability profile supports its appeal to institutional investors and major corporate tenants. Beyond its real estate fundamentals, Covivio is recognized for disciplined capital allocation, active asset management, and a relatively defensive profile within the listed European property sector.