Covivio/€COV

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About Covivio

Covivio is a European real estate investment company specializing in the ownership, development, and management of office, residential, and hotel properties across major European cities. Its portfolio, valued at approximately €23.1 billion, includes premium office spaces in Paris, Milan, and German cities; over 40,000 residential units in Germany; and more than 325 hotels operated under partnerships with brands such as AccorHotels, IHG, and NH Hotels. Founded in 1998 as Foncière des Régions and rebranded to Covivio in 2018, the company is headquartered in Paris, France. Covivio's strategic positioning emphasizes creating user-centric spaces that integrate work, travel, and living, aligning with urban transformation trends and sustainability goals.
Ticker
€COV
Primary listing
PAR
Employees
979
Headquarters
Paris, France

Covivio Metrics

BasicAdvanced
€5.3B
8.13
€5.88
1.13
€3.75
7.85%

Bulls say / Bears say

Covivio posted H1 2026 recurring net result of €282.4 million, up 7.3% year-on-year, surpassing its full-year guidance of 4% growth. (Reuters)
Like-for-like revenue rose 2.2% and occupancy remained high at 97.0% across Covivio’s office, hotel, and German residential assets in H1 2026, evidencing portfolio resilience. (Reuters)
S&P Global Ratings affirmed Covivio’s ‘BBB+’ long-term issuer credit rating with a stable outlook, forecasting adjusted debt-to-equity at approximately 44%–45% and LTV below 40%, underscoring its financial resilience. (S&P Global Ratings)
Total group-share revenue at current scope declined 2.1% to €349.3 million in H1 2026, reflecting disposals and the full-year impact of the CB21 tower vacancy and associated indemnity. (Investing.com)
The Suez departure’s negative impact on the CB21 tower peaked in H1 2026, continuing to pressure office rental income within Covivio’s Paris portfolio. (Reuters)
Revalued net asset value per share (EPRA NTA) rose only 1.6% to €84.2 at end-June 2026, indicating limited valuation upside in a selective European investment market. (Boursorama)
Data summarised monthly by Lightyear AI. Last updated on 20 Aug 2026.

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