AX Real Estate plc announced it will distribute a €7 million dividend to shareholders after a successful financial year which saw its rental income increase by €2 million.
Shareholders will receive €0.02586 per ordinary share, which is significantly higher than the €0.01788 interim dividend they last received.
It also represents the highest shareholder dividend yet since AX Real Estate plc, a subsidiary of the AX Group, went public. In its initial public offering, AX sought to attract investors by promising a high dividend yield of 6.4 per cent.
AX Real Estate plc generated €21.6 million in revenue in 2025, up from €19.4 million in 2024, mainly in rental income from the lease of the group’s investment properties.
Revenue growth was mainly driven by the hospitality sector, where rental income increased from some €16 million in 2024 to €18.3 million in 2025.
This was largely due to the “exceptional” performance of the reopened AX ODYCY Hotel and Lido in Qawra, which resulted in higher variable rent.
AX’s hotels in Sliema and Valletta also outperformed their projected revenues and operating profits, while the early signs look positive for the Verdala Wellness Hotel in Rabat, which opened its doors in August 2025.
Although it is still in its early stages of operation, AX believes the Rabat hotel is steadily positioning itself as a premier five-star wellness destination.
