The company’s shareholders have recently approved the distribution of dividends in the amount of RON16 million from the result carried forward (2024 profit partial), for which the value of the gross dividend per share is RON27. Based on the current share trading price, the dividend yield reaches 2.1%, as per calculations by Ziarul Financiar (ZF) daily.
“2024 was one of the best years in the last decade in terms of new retail project deliveries. Developers completed 14 retail projects last year, representing both new schemes and extensions to existing ones. Over 64% of the retail space delivered in 2024 was in retail parks,
the rest in mall-type projects. With 30% of the modern retail stock, Bucharest holds the largest share in the country. At the same time, 62% of the total retail stock in Bucharest is represented by shopping centers and 38% by retail parks, according to the CBRE Romania consultancy company,” the report reads.
According to the report, “the real estate properties owned by PRACTIC S.A. preponderantly serve the population of the 6th District and, to a small extent, 1st, 2nd and 5th Districts of Bucharest. These commercial premises are located in the Drumul Taberei, Militari, Cringasi neighborhoods in the 6th District, both on the main arteries at the ground floor of buildings, as well as in the agri-food markets, within independent complexes, as well as on secondary streets in the 6th District.”
The purchases of commercial premises and office buildings from 2001-2023 aimed at diversifying the segmentation of the patrimony. These new assets meant a contribution of 14,380 square meters to the initial patrimony of the company. Overall, the commercial and office premises have a net area of 47.140 sqm. Furthermore, the company also owns construction-free lands covering 36.895 sqm, of
which an area of 760 sqm is allocated for two vehicle platforms.
Practic has a market capitalization of RON754.3 million and its biggest shareholder is entrepreneur Radu Dimofte, with an ownership stake of 48.5%. Cyprus-based IBTCYRO Golding holds a 32.2% stake, and Wellkept Group owns 12% of the company’s share capital. PRBU shares have traded 4.1% higher so far in 2025, amid deals worth just RON91,700, in line with stock market data.