Ble Kedros REIC SA

Ble Kedros REIC SA

AATHEX:BLEKEDROS
4.67
EUR
0.00
(0.00%)
171.63MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.07
0.11
0.08
0.11
0.15
0.16
0.36
0.27
- -
Basic EPS, GAAP
0.57
0.4
-0.06
0.48
0.05
0.19
0.22
0.33
- -
Free Cash Flow per Basic Share
0.11
0.06
0.09
0.06
0.12
0.09
0.02
0.31
- -
Dividend per Share
- -
- -
0.04
0.02
0.1
- -
0.04
0.22
- -
Book Value per Share
1.52
1.96
1.82
2.27
2.57
2.56
2.88
3.16
3.16
Tangible Book Value per Share
1.52
1.96
1.82
2.27
2.57
2.56
2.88
3.16
3.16
Basic Weighted Avg Shares
43
43
43
43
42
41
41
41
41
Sales/Revenue/Turnover
3
5
3
5
6
7
15
11
- -
Operating Margin (%)
70.62
84.64
81.41
88.36
95.15
83.88
93.11
86.55
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
25
17
-3
21
2
8
9
13
- -
Effective Tax Rate (%)
1.43
1.73
- -
0.43
17.7
9.66
6.19
3.2
- -
Profit Margin (%)
816.49
383.57
-78.25
433.23
31.34
114.59
61.89
122.95
- -
Working Capital
-2
-1
-1
1
9
-3
-1
14
14
LT Debt
3
3
2
2
1
- -
9
4
4
Total Equity
66
85
79
98
111
111
117
127
127
Return on Invested Capital (%)
- -
4.91
- -
4.53
-0.07
2.1
9.29
3.19
- -
Return on Capital (%)
- -
22.27
- -
22.7
1.93
6.84
7.87
10.64
- -
Return on Common Equity (%)
- -
23.25
-3.33
23.36
1.86
6.92
7.95
10.96
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
5
- -
LT Borrowings
5
- -
- -
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41
40
40
Market Capitalization
154
162
172

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
16
32
24
Cash, Cash Equivalents & STI
2
5
15
Accounts Receivable, Net
13
11
1
Inventories
- -
- -
- -
Total Current Liabilities
16
22
11
Payables & Accruals
- -
- -
- -
ST Debt
- -
5
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.49%
8.83%
Free Cash Flow
- -
265.66%
1,370.3%
Net Income, GAAP
- -
-117.58%
48%
Sales/Revenue/Turnover
- -
33.67%
-25.5%
Total Cash Common Dividend
- -
- -
472.56%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
7
2024
- -
- -
15
2025
- -
- -
11

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.19
2024
- -
- -
0.22
2025
- -
- -
0.33

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
0.04
2025
- -
- -
0.22

Company Description

CEO
Christos Nikolaos Bobolias
Full Time Employees
9
Sector
Finance
Industry
Real estate investment trusts
Address
Kifisia Greece
IPO Date
Jun 14, 2022
Business
Ble Kedros REIC SA is a Greece-based real estate investment company specializing in the acquisition, development, leasing, and management of a diversified portfolio of income-producing real estate assets. Founded in 2014 and headquartered in Kifissia, Greece, the company operates under Greek Law 2778/1999 and is supervised by the Hellenic Capital Market Commission. Ble Kedros focuses on long-term value generation through active property optimization across several core business segments and geographic regions throughout Greece, including Attica, the Peloponnese, and selected island destinations. The company provides a wide range of real estate products, asset classes, and property services, systematically categorized into: hospitality properties, comprising boutique hotels, urban hotel units, and tourism accommodation complexes developed and leased to hospitality operators, including lifestyle concepts associated with COCO-MAT; commercial retail real estate, including high-street stores, retail outlets, and commercial shopfronts located in central urban districts; office properties, encompassing administrative headquarters, multi-tenant corporate buildings, and business spaces; industrial and logistics facilities, including manufacturing buildings, warehouses, and storage depots situated in major industrial zones; residential real estate, consisting of apartment units, residential complexes, and mixed-use living spaces; land holdings, including urban and suburban plots held for commercial or hospitality development; and asset management services, encompassing property maintenance, leasing and tenant management, architectural redevelopment, property valorization, and investment advisory. In recent developments, Ble Kedros REIC SA has pursued targeted portfolio enhancements and strategic capital recycling initiatives. The company completed the sale of a central Athens four-star hotel development project to UAE-based investment firm Vivium Holding for approximately 18.6 million euros, monetizing premium hospitality assets amidst strong tourism sector demand. In addition, the company continues to execute development projects across mainland Greece and the Peloponnese, while implementing structural and regulatory adjustments across its urban asset base to maintain strict compliance with local zoning, planning regulations, and architectural standards. Ble Kedros maintains a low-leverage financing model supported by stable rental cash flows, supporting ongoing dividend distributions to shareholders and selective property acquisitions.