Lithuania's INVL Baltic Real Estate Q1 profit more than doubles on higher rental income

INVL Baltic Real Estate SUTNTIB

30/04/2026 15:54

Overview

Lithuania real estate investor's Q1 revenue rose 10.9% yr/yr to EUR 1.03 mln

Q1 net profit more than doubled yr/yr, driven by increased rental income

Company highlighted strong performance at Vilniaus g. 37 property, reaching 100% occupancy

Outlook

Company did not provide specific guidance for future quarters or the full year in its press release

Result Drivers

RENTAL INCOME GROWTH - Co said increased rental income drove Q1 results, especially at Vilniaus g. 37 property

FULL OCCUPANCY - Vilniaus g. 37 and Žygio Business Centre reached 100% occupancy by end of Q1, supporting rental income

REDEVELOPMENT PROJECT - Co began redevelopment of former Pramogų bankas building to expand co-working space offering

Company press release: ID:nGNEb9sxlx

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 1.03 mln
Q1 Net Income
EUR 300,000


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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.)