Aroundtown stock reports stable rental income in H1 2026

Aroundtown stock stood at EUR 1.74 on Xetra on September 23, 2026, down 1.02 percent from the previous session. The H1 2026 figures show stable rental income, but higher financing costs reduced recurring funds from operations.

Rental income holds

According to Investing.com, Aroundtown generated net rental income of EUR 591 million in H1 2026, unchanged from H1 2025. Like-for-like rental growth reached 2.7 percent, which helped offset the effect of property disposals.

The operating result was similarly steady. Adjusted EBITDA came to EUR 500 million in H1 2026, compared with EUR 501 million in H1 2025, while residential assets delivered like-for-like rental growth of 3.5 percent and hotels reached 4.4 percent.

Financing costs cut FFO

FFO I declined 4 percent year over year to EUR 144 million from EUR 150 million. The comparison identifies the central pressure point for the commercial real estate group: operations held up, while finance expenses rose to EUR 142 million in the first half.

Profit for the period fell to EUR 218 million from EUR 578 million in H1 2025. Aroundtown also reported EPRA NTA of EUR 8 per share, up from EUR 7.80 at December 2025, a 3 percent increase supported by the share buyback.

The company reaffirmed 2026 FFO I guidance of EUR 275 million to EUR 305 million, equivalent to EUR 0.24 to EUR 0.27 per share. Its full-year like-for-like rental income growth target remains 2 percent to 3 percent, giving investors a numerical benchmark for the second half.

Q3 report has a date

Aroundtown's investor-relations calendar lists the Q3 2026 financial report for November 25, 2026, according to Aroundtown. That date will provide the next scheduled checkpoint on rental growth, financing costs and progress toward the full-year FFO I range.

Xetra price stays weak

Aroundtown stock was trading at EUR 1.74 on Xetra on September 23, 2026, with a daily change of minus 1.02 percent. The share price therefore contrasts with stable rental income and highlights how financing costs remain the more immediate earnings issue.