Altareit H1 FY26 net income swings to profit at EUR 21.5 million; revenue falls 8.6% to EUR 738.4 million

Reuters2026/07/29 15:33

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Altareit posted H1 2026 net income, group share of EUR 21.5 million, returning to profit from a loss a year earlier.
Funds from operations (FFO) operating income rose 27.5% to EUR 49 million, driven by Residential at EUR 50.8 million, more than doubled.
Revenue fell 8.6% to EUR 738.4 million, due to the phase-out of older-generation residential projects and lower Business Property activity.
Business Property FFO operating income dropped 70.6% to EUR 4.4 million, while New Businesses widened its operating loss to EUR 6.2 million.
Residential new orders rose 3.4% to 4,768 units, with backlog at EUR 2.4 billion excl. VAT; taxonomy-aligned revenue edged up 1 percentage point to 74.8%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altareit SCA published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Altareit H1 FY26 net income swings to profit at EUR 21.5 million; revenue falls 8.6% to EUR 738.4 million

You may also like

Crypto prices