The rating agency's decision validates the strategy that has enabled the WING Group with a balance sheet total of nearly EUR 3.9 billion to become one of the leading real estate players in Hungary, Poland and Germany. The B+ credit rating recognises the group's financial metrics and its capacity to generate earnings.

The company's outstanding 2025 performance was a key factor in Scope's decision: WING Group revenues rose to HUF 304 billion, while adjusted EBITDA reached HUF 64 billion, and total bond and loan debt decreased by HUF 46 billion (5.5%) over the year. At the same time, the rating agency revised the outlook from negative to stable. Scope expects the group's financial metrics and earnings capacity to improve further in the coming years, supported by a strong residential pre-sales pipeline, rising residential handovers and proceeds from asset disposals.

The group's international operations played a decisive role in the favourable rating decision, already accounting for more than 70% of consolidated revenues. In Poland, for example, the company sold nearly 2,900 residential units in 2025, representing year-on-year growth of approximately 30 percent. Several transactions were also concluded, including the disposal of more than half of the Resi4Rent residential rental platform, which at HUF 210 billion became the largest transaction in the history of Poland's institutional residential rental market, demonstrating that the institutional rental housing model has become one of the best-performing segments of the Central and Eastern European real estate market. In Germany, Bauwert, in which the group holds a stake, has a development pipeline of more than 435,000 square metres through to 2030, while continuing to advance its large-scale residential and mixed-use projects in Berlin. In Hungary, WING is further strengthening its market position in 2026 through strategic acquisitions along Budapest's Váci Road office corridor as well as the launch of new office, industrial, hotel and large-scale residential developments. The company has also further strengthened its financing position through the successful completion of its EUR 100 million bond programme in recent months.

„The revision to a stable outlook recognises not only our financial results, but also our diversified international operations, which are the foundation of stable growth and sustainable value creation" - said Noah Steinberg, Chairman and CEO of WINGHOLDING Zrt., adding: "The Scope Ratings decision is an important validation of the long-term strategy that the group has consistently shaped and executed over recent years.”

WING will continue to focus in the coming years on financial stability, delivering high quality developments, and capitalising on the growth opportunities available in Central European markets.