Investors | LAMDA Development

LAMDA Development proudly holds the distinction of being one of the largest institutional investors in Greece's real estate sector. Furthermore, we stand as the unrivaled leader in the development of shopping centres, showcasing our commitment to excellence in the real estate field.

€

4.15

bn

TOTAL ASSETS

(31.12.2023)

€

1.25

bn

MARKET CAPITALISATION

(Apr 2024)

€

3.49

bn

TOTAL INVESTMENT PORTFOLIO

(31.12.2023)

€

451

m

TURNOVER

(2023)

€

1.39

bn

NET ASSET VALUE (NAV)

(31.12.2023)

€

206

m

GROUP CONSOLIDATED EBITDA

(2023)

€

1.6

bn

GROSS ASSET VALUE (GAV)

(31.12.2023)

€

1.0

bn

NET ASSET VALUE (NAV)

(31.12.2023)

€

1.5

bn

MALLS - GROSS ASSET VALUE (GAV)

(31.12.2023)

€

0.9

bn

MALLS - NET ASSET VALUE (NAV)

(31.12.2023)

€

72

m

MALLS - EBITDA

(2023)

€

18

m

MARINAS - EBITDA

(2023)

6.2

m sq.m.

TOTAL LAND AREA

2.8

m sq.m.

TOTAL BUILDABLE AREA

2

m sq.m.

METROPOLITAN PARK

€

0.4

bn

NET ASSET VALUE (NAV)

(31.12.2023)

Investment Thesis

LAMDA Development - Top Investment Choice:

1

The largest real estate investor in Greece, with an undisputed leadership position in the development of shopping centres.

2

Developing The Ellinikon, the largest urban regeneration project in Southeast Europe.

3

Listed on the ATHEX Main Market since July 2001, providing investors with the opportunity to participate in our growth story at a 23% discount to Net Asset Value (NAV).

4

With a proven track record of delivering sustainable growth, with an impressive GAV (Gross Asset Value) Compound Annual Growth Rate (CAGR) of +35% from 2017 to 2021.

5

Committed to investing a substantial 8 billion euros over the next 15-20 years in The Ellinikon project.

6

The Ellinikon project's projected cash inflows already exceed 160% of the original plan.