Revenue by Segment

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Hotel In Lease	230.50M	269.30M	-	-	-
Hotel In Lease Growth	-14.41%	-	-	-	-
Hotel Operating Properties	-	800.00K	-	-	-
Offices	376.60M	377.10M	-	-	-
Offices Growth	-0.13%	-	-	-	-
German Residential (Excl. Offices Germany)	317.70M	305.70M	305.30M	302.57M	295.67M
German Residential (Excl. Offices Germany) Growth	3.93%	0.13%	0.90%	2.33%	5.29%
Other (Incl. France Residential)	-	-	14.00M	10.59M	13.88M
Other (Incl. France Residential) Growth	-	-	32.15%	-23.65%	-6.12%
Italy Offices	-	-	142.20M	134.31M	160.75M
Italy Offices Growth	-	-	5.87%	-16.45%	-8.54%
Hotels in Europe	-	-	346.30M	319.49M	228.71M
Hotels in Europe Growth	-	-	8.39%	39.69%	43.38%
France Offices	-	-	190.20M	240.69M	260.01M
France Offices Growth	-	-	-20.98%	-7.43%	-4.86%
Germany Offices	-	-	50.20M	45.94M	42.76M
Germany Offices Growth	-	-	9.27%	7.43%	-16.69%
Intercos Inter-Sector	-	-	-28.50M	-36.30M	-35.09M
Total	924.80M	952.90M	1.02B	1.02B	966.68M
Total Growth	-2.95%	-6.55%	0.24%	5.24%	4.75%

Source: S&P Global Market Intelligence.