ESPG AG Publishes 2025 Financials, Confirms Positive Annual Result

COLOGNE, GERMANY - July 6, 2026 - European Science Park Group (ESPG AG) has published its consolidated financial statements for the 2025 financial year, confirming a clearly positive annual result. The company, which specializes in science parks, reported Group earnings of EUR 2.3 million, a significant improvement from the EUR -24.8 million loss in 2024. The financial statements received an unqualified audit opinion, indicating their accuracy and compliance with accounting standards.

Income from property management rose to EUR 18.0 million in 2025, up from EUR 16.4 million in the previous year. The result from property management increased to EUR 11.6 million, compared to EUR 7.3 million in 2024. This improvement was partly due to a one-off effect from the termination of a larger lease agreement. EBIT reached EUR 9.5 million, a sharp turnaround from the EUR -11.2 million reported in 2024. Equity stood at EUR 83.7 million as of the balance sheet date, slightly above the EUR 79.5 million recorded at the end of 2024, while cash and cash equivalents doubled to EUR 4.7 million from EUR 2.3 million.

Ralf Nocker, Member of the Management Board of ESPG AG, stated: "The published financial figures show that we were able to continue on the course we have pursued over the past two years and achieve a positive result. Following the financial reorganisation, we are now once again in a position to act from a solid foundation and drive our projects forward in a targeted manner." The company has also classified one of its properties as held for sale, signaling active portfolio management.

Christian Fendel, Director of Finance of ESPG AG, highlighted the company's financial stability: "With an LTV of 57.4%, ESPG AG has a high degree of financial stability. This gives us flexibility for further investments in our science parks." The company is in discussions regarding loan extensions and new financing to support portfolio development.

As of December 31, 2025, the portfolio comprised 16 science parks valued at approximately EUR 215 million. ESPG AG continues to focus on developing its properties towards science parks and attracting tenants from research-driven industries such as life sciences, green technologies, and digital transformation. The company sees key operational tasks in reducing vacancies through new lease agreements and implementing maintenance and modernisation measures.

ESPG AG views science parks in Germany as an attractive market segment, with demand driven by proximity to universities, hospitals, and research locations. The audited 2025 consolidated financial statements are available for download on the company's website at https://espg.space/investor_relations/financial-statements/.