Published: Dec 26, 2025 09:00:11 AM
Sequence No.: 12
ISIN: AEDFXA1XE5D7

 

Equitativa (Dubai) Limited today reports Q3 2025 Results for Emirates REIT.

 

Key Highlights:

• Total property income increased by 22% year-on-year on a like-for-like basis, reaching USD 60m.
• Occupancy increased to 94% (Q3 2024: 92%).
• Financing to Asset Value (FTV) has been reduced by 16% to a stable 20% (Q3 2024: 36%).
• Net Finance costs decreased by 57% to USD 17m (Q3 2024: USD 40m).
• Funds from Operations (FFO) reached USD 14m (Q3 2024: USD -0.5m inclusive of divested investment properties in FY 2024).
• Net unrealized revaluation gains of USD 171m, bringing total asset value to USD 1.22b, higher than the USD 1.17b in Q3 2024, despite the sale of investment properties in FY 2024.

• Net Asset Value reached a historic high with an increase of 37% year-on-year to USD 886m or USD 2.78 per share from USD 648m or USD 2.03 per share in Q3 2024.

 

 

For further information, including the Q3 2025 Factsheet, please refer to our Investor Relations Page.