Appeninn Will Not Pay Dividends

Appeninn Holding Asset Management Plc. will not pay dividends after 2025, according to a decision by its general meeting, the company announced on the Budapest Stock Exchange’s website.

Based on its standalone financial statements prepared in accordance with International Financial Reporting Standards (IFRS) and approved at the general meeting, the real estate investment and asset management company reported a loss of nearly HUF 865 million in 2025 on a balance sheet total of HUF 45.740 billion, while its consolidated total assets amounted to EUR 242.723 million, its net income was EUR 3.822 million, and its total comprehensive income for the year was EUR 9.911 million.

The general meeting approved the reports and statements regarding the company’s activities last year.

Appeninn, which was listed on the Budapest Stock Exchange in 2010, has been operating as a regulated real estate investment company (SZIT) since 2024; on Friday, its shares closed at HUF 630, and over the past year, the company’s shares have traded between HUF 494 and HUF 875.

In its own description, Appeninn Holding Asset Management Plc. is one of the most dynamically growing real estate investment and asset management companies in Hungary. It is continuously expanding its property portfolio in the class A office building, retail property and tourism markets, in Hungary and in the Central Eastern European region, both through acquisitions and own developments. The company – founded in 2009, listed on the Budapest Stock Exchange since 2010 – has a portfolio of class B office buildings and logistics properties as well with industry leading occupancy rates. Appeninn is distinguished from its competitors by its capital market oriented and transparent operations, while providing diversified and scalable access to the commercial real estate market to retail and institutional investors.