Europe's CTP annual rental income rises on strong leasing demand in CEE markets

CTP NV

26/02/2026 06:21

Overview

Europe logistics real estate firm's FY 2025 rental income rose 14.4%, missing analyst expectations

Adjusted EPRA earnings increased 11.3% yr/yr

Company expanded into Italy with significant landbank acquisition

Outlook

CTP sets 2026 adjusted EPRA EPS guidance at €1.01 – €1.03

Company expects to deliver 1.4 mln – 1.7 mln sqm in 2026

CTP aims for €1 bln annualised rental income by 2027

Result Drivers

TENANT DEMAND - Strong leasing demand, particularly in CEE markets, drove rental growth with 2,325,000 sqm of leases signed, up 10% from last year

EXPANSION INTO ITALY - CTP's entry into Italy with an 8.7 million sqm landbank is set to contribute significantly to future GLA growth

DEVELOPMENT COMPLETIONS - Delivered 1,325,000 sqm at a 10.4% YoC, with 88% let at completion, supporting rental income growth

Company press release: ID:nBw4bYkD8a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Rental Income
Miss
EUR 759.80 mln
EUR 842 mln (17 Analysts)
FY Adjusted EPRA Earnings
EUR 405 mln
FY Like-For-Like Rental Growth
4.50%


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)