In April, loan volumes saw a slight increase compared to March, and we expect this positive trend to continue into May. Loan repayments delivered an average return of 10.4% to our investors during the month, with nearly €0.8 million distributed as interest income.
Loan origination
In April, we issued €5.6 million in loans. Lithuania led the way with €2.06 million funded, closely followed by Estonia with €2.04 million.
Loan origination over a 6-month period:
Repayments and recoveries of property-backed loans
- Repaid principal: €7M
- Recovered principal: €0.2M
- Average return: 10.4%
Investors received a total of €8 million in repayments in April. Of this, €7 million came from successfully repaid loan principals, €0.2 million was recovered from previously problematic loans, and nearly €0.8 million was distributed to investors as interest income. The volume of recovered defaulted loans has now surpassed the €2 million mark for 2025.
Repayments, investor profits and recoveries over a 6-month period:
Loan portfolio summary of recent years
In 2023 and 2024, we originated a total of €180.1 million in loans. As of May 12, €123.6 million (69%) has already been repaid to investors, while €49.2 million remains on schedule. Only €7.3 million (4%) of the loans issued during these two years are currently classified as problematic, and a concrete action plan is in place to resolve them.
Additionally, as of May 12, we have issued €24.1 million in loans in 2025, all of which are currently progressing well.
Building the future
As long as people move, there will always be a need for new homes and workspaces. We live and work side by side, and the spaces we inhabit increasingly define our quality of life. Architecture, comfort, and functionality shape not just our surroundings, but also our connections with family, friends, and the wider community.
That’s why we see real estate investing as a way to shape the future of urban life. We channel capital into projects that make cities more liveable – faster, smarter, and with lasting impact.
Together, we invest in shaping the spaces that shape us.
