În perioada ianuarie-septembrie 2023, compania a investit peste 50 milioane de lei (10,6 milioane de euro) în 16 proiecte, portofoliul de investiții al Meta Estate Trust ajungând la valoarea de 93,6 milioane de lei.
Meta Estate Trust’s total assets exceeded RON107 million in January-September 2023, up 9% vs RON 98.6 million on December 31, 2022. The increase in assets was financed almost exclusively by additional liquidity generated by projects completed during 2023. The asset structure on September 30, 2023 follows the Company’s investment strategy, with four main lines of business being implemented: Partnerships with developers, Early stage or acquisition of housing in the early stages of construction with exit before or upon completion, Call/Put-Option on real estate assets involving pre-contracting of a future or completed property, and Income recurring through the acquisition of housing to generate rental income. The investment rotation achieved in the first 3 quarters of the year allowed a rebalancing of the existing investment portfolio by reducing the majority position of the Early-stage business line, developing the Partnerships with Developers business line and launching the first projects associated with the Income recurring business line, according to company officials.
“In the first 9 months of 2023 Meta Estate Trust SA achieved total revenues of RON 15.3 million and a gross profit of RON 8 million, while total assets exceeded the threshold of RON 107 million and increased by 8.7% compared to the end of 2022. The company’s performance was backed up by its business model, sound strategy and ability to adapt quickly to market conditions, as well as tight control of the operating costs. As at 30 September 2023, the Company achieved a net profit equal to the budgeted level for the full year, demonstrating the viability of the operational strategy and of the adopted financial discipline” the report reads.
Meta Estate Trust was established in March 2021 by a group of Romanian entrepreneurs with experience in real estate and the capital market.
Meta Estate Trust aims to become the partner of real estate developers, using capital market instruments and, a long-term mission, to facilitate access to diversified real estate investments, both
by market segment and geography. The company’s investment policy is based on a mix of investment typologies with different return and risk profiles to shape a diversified and flexible portfolio that can easily adapt to market cycles.
Meta Estate Trust is a real estate holding company founded in March 2021 by a group of Romanian entrepreneurs with experience in real estate and capital markets. As of 29 August 2022, Meta Estate Trust has been listed on the Bucharest Stock Exchange, AeRO market, under the stock symbol MET. The company has invested in more than 50 real estate projects in the two years since its establishment and has successfully exited more than 20 real estate projects so far, acting as a partner to real estate developers through equity participation as well as acquisitions of homes in residential projects in early stages of construction in Bucharest and major cities.