Tuesday, 26 May 2026
Sonae Sierra reported adjusted net income of €109.8 million for 2025, up 12.9 percent year-on-year, according to its latest Economic, Environmental and Social (EES) Report.
The company described 2025 as one of the strongest years in its history, supported by growth across its real estate management, asset management and development activities. At the end of the year, assets under management totalled €6.9 billion.
During 2025, Sonae Sierra managed more than 560 assets with a combined gross lettable area of 3.3 million sqm. Across its European shopping centre portfolio, tenant sales increased by 4.6 percent, while occupancy remained at 99 percent.
A key development during the year was the acquisition of the German real estate management business of Unibail-Rodamco-Westfield. According to the company, the transaction increased the number of managed assets in Germany from six to 18 and strengthened its position in the institutional retail real estate market.
“2025 was one of the best years in Sonae Sierra’s history. The results demonstrate the success of our strategy: We are expanding, investing strategically, and further developing Sonae Sierra into a fully integrated real estate platform,” said Fernando Guedes de Oliveira.
“We will continue to offer strategic and operational excellence to institutional investors in Europe. Building on the solid foundation we have established and driven by our commitment, we are well-positioned to continue creating value across all areas of our business,” he added.
Sustainability remained a central focus of the company’s operations and investment strategy. Sonae Sierra stated that 67 percent of its managed investment properties are now equipped with solar panels, contributing to an estimated avoidance of 630 tonnes of CO₂ emissions during 2025.
The company also reported a 49 percent reduction in Scope 1 and 2 greenhouse gas emissions per square metre compared to 2019 levels, as part of its target to achieve net-zero emissions by 2040.
In addition, two shopping centres within the portfolio achieved the highest BREEAM In-Use certification rating of “Outstanding”, reflecting standards related to environmental performance, operational efficiency and building management.
