Globalworth Real Estate portfolio value edges up, operating profit drops

Globalworth Real Estate Investments

27/02/2026 07:14

Overview

CEE office investor's portfolio value slightly increased by 0.9% to €2.6 bln

Net operating income decreased by 4.6% to €137 mln

Company maintained strong cash position with €410.6 mln as of year-end

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

RENOMA PROPERTY - Re-addition of Renoma property after renovation contributed to portfolio footprint increase

LEASING ACTIVITY - 141.1k sqm of commercial space leased or extended, with an average WALL of 4.8 years

OCCUPANCY DECLINE - Average occupancy decreased to 85.4%, influenced by Renoma's re-inclusion and high base effect in Romania

Company press release: ID:nRSa6126Ua

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
EUR 236.33 mln
FY Net Income
EUR 9.60 mln
FY EBIT
EUR 137.03 mln
FY Operating Expenses
-EUR 99.31 mln
FY Pretax Profit
EUR 37.55 mln


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(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.)