Montea shares rise after solid Q1 results and acquisition pipeline update

Montea NV

08/05/2026 08:37

** Belgian real estate company Montea MONTE.BR rises around 2.5%, topping the BEL20 index .BFX, after reporting solid Q1 2026 results with strong rental uplifts and progress on its acquisition pipeline

** Net rental income grew 12% year-on-year to €37.3 million  ($43.81 million), occupancy remained high at 99.6%, and the company's financial position stayed solid with a loan-to-value ratio of 39.6%, KBC notes

** Broker notes that EPRA earnings grew 7% to €26.4 million, while the cost ratio increased from 16.0% to 17.6% due to non-recoverable costs linked to expansion into Germany and France

** Around 90 million euros of acquisitions expected to materialise in the coming months at a net initial yield of above 6.5% keeping Montea on track to deliver on its guidance, Degroof Petercam says

($1 = 0.8514 euros)

 (Reporting by Leo Marchandon in Gdansk)

 ((leo.marchandon@thomsonreuters.com))