Globalworth reports portfolio value of €2.6 billion for H1 2026

London - Globalworth Real Estate Investments Limited disclosed a portfolio worth €2.6 billion as of June 30, 2026, marking a minor 0.4% rise compared to December 2025, according to a recent press release. The company intends to disseminate its comprehensive Interim Report and Financial Statements during the week beginning September 21.

The portfolio's size contracted by 8,600 square meters, now standing at 1.0 million square meters of gross leasable area encompassing 56 properties. This contraction stemmed from the sale of a Warsaw office building and residential units in Romania's Upground project.

Commercial occupancy climbed to 86.6% as of June 30, a 1.2% increase from the previous year-end. The annualized contracted rent rose by 3.2% to €195.5 million, up from €189.5 million at the end of 2025. Net operating income expanded to €68.4 million, a 2.1% year-on-year increase from €67.0 million in the first half of 2025. Finance costs climbed by €1.0 million to €35.7 million, compared to €34.7 million in the same period last year.

EPRA earnings surged to €24.0 million, €6.3 million higher than the €17.7 million recorded in the first half of 2025. The firm reported a profit attributable to equity holders of €20.2 million, double the €8.0 million reported in the first half of 2025.

Total debt decreased by €133.4 million, thanks to a €125 million redemption of 2029 Notes and routine repayment of secured loans. The weighted average debt maturity reached 4.1 years. Globalworth distributes 10.0 million scrip dividend shares, covering 98.6% of total dividends, amounting to €14.5 million. A remaining cash dividend of €0.3 million was allocated to the remaining shareholders. The company's portfolio is geographically diversified, with 53.5% of assets located in Poland and 46.5% in Romania.