Agora Estates plc, a property development and property investment holding company,has announced strong financial results for the year ended 31st December 2025, reflecting continued growth across its operations and investment portfolio.

The group’s principal activity is to hold investments in subsidiary companies, which own and operate investment properties for capital appreciation and long-term rental yields, as well as other properties held for re-sale. It also raises capital from financial markets to support the financing needs of its subsidiaries.

According to the group’s Annual Report, Agora Estates delivered results which exceeded the projections outlined in the Financial Analysis Summary issued in connection with its €21 million bond issue in 2024. The positive performance was primarily driven by fair value gains on investment property, net of deferred tax, higher other income, and lower finance expenses, partially offset by increased administration costs.

Group revenue rose by 190 per cent (2024: 29 per cent) to just under €4 million, which increase was primarily due to a higher volume of property sales completed during the period.

Total assets increased by 27 per cent to €79.8m (2024: €62.7m) whilst equity grew by 22 per cent to €33.6 million (2024: €27.5 million). On a consolidated basis, net gearing ratios remained well within industry levels at 44.4 per cent (2024: 38.0 per cent) and is projected to remain below 50 per cent despite the additional investment property acquisitions which the Group is currently working on.

Commenting on the results, group CEO James Zammit stated that the group continued to make substantial progress on a number of strategic projects, including the De Rohan Business Centre in Żebbuġ.

“The property has now been constructed in shell form and finishing works are progressing steadily. The project is expected to be fully completed and operational by the end of this year,” Mr Zammit said.

The group also confirmed that no dividend payment has been recommended for the financial year ended 31st December 2025.