ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Business/CompaniesArticle

Globalworth Real Estate reports €2.6 bln portfolio value for H1 2026

Portfolio rises 0.4% to €2.6 billion as Poland and Romania assets drive growth, with commercial occupancy at 86.6%.

HV
Helena Vásquez · Business Desk · 30 Aug 2026 · 05:01 · 1 min read
Share
Globalworth Real Estate reports €2.6 bln portfolio value for H1 2026

Globalworth Real Estate Investments Limited reported a portfolio value of €2.6 billion as of June 30, 2026, a 0.4% increase from December 2025. The standing portfolio decreased by 8,600 square meters to 1.0 million square meters across 56 properties, following the sale of an office building in Warsaw and residential units in Bucharest's Upground project.

Poland accounted for 53.5% of the portfolio value, with Romania contributing 46.5%. Commercial occupancy improved to 86.6% from 85.4% at year-end 2025. Annualized contracted rent rose 3.2% to €195.5 million, while net operating income increased 2.1% year-on-year to €68.4 million.

Finance costs climbed €1.0 million to €35.7 million. EPRA earnings reached €24.0 million, up €6.3 million from H1 2025, and profit attributable to equity holders totaled €20.2 million, compared with €8.0 million in the prior-year period.

Total debt fell by €133.4 million, driven by a €125 million redemption of 2029 Notes and secured loan repayments. Weighted average debt maturity extended to 4.1 years. The company issued 10.0 million scrip dividend shares in April, covering 98.6% of the €14.5 million dividend, with a cash dividend of €0.3 million paid to remaining shareholders.

The interim results cover the six months ended June 30, 2026. Globalworth plans to publish its full Interim Report and Financial Statements during the week commencing September 21.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
HV
Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

More from Helena Vásquez →
ADVERTISEMENT
ADVERTISEMENT