{
  "id": 3428609,
  "title": "Aroundtown reports H1 2026 results, increases GCP stake to 84%",
  "url": "https://urgent.news/2026/08/26/aroundtown-reports-h1-2026-results-increases-gcp-stake-to-84",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T04:54:46.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/aroundtown-reports-h1-2026-results-increases-gcp-stake-to-84-93CH-4876259"
  },
  "original_language": "en",
  "account": "Luxembourg-based commercial real estate firm Aroundtown SA released its first-half 2026 financial results on Monday. Net rental income remained unchanged at €591 million compared to the same period last year. Funds from operations I declined by 4% to €144 million, with funds per share I at €0.13, down from €0.14 the previous year. Adjusted EBITDA remained stable at €500 million. Like-for-like rental growth of 2.7% offset the impact of net disposals. The company completed a full external portfolio revaluation, maintaining stable valuations. Profit for the period reached €218 million, with basic and diluted earnings per share at €0.08. Loan-to-value ratio stood at 43% as of June 2026, up from 41% at year-end 2025. EPRA net tangible assets increased to €9.1 billion, or €8.0 per share, a 3% increase from December 2025. Aroundtown raised its stake in GCP from 62.5% to 84% year-to-date through a voluntary exchange offer and subsequent market purchases. The company issued approximately €550 million in new bonds and repaid around €475 million during the first half of 2026. Shareholders approved a dividend of €0.08 per share, paid on July 6, 2026, marking the first dividend since 2022. This financial report was AI-generated and reviewed by an editor.",
  "summary": null,
  "key_points": [
    "Net rental income unchanged at €591 million",
    "GCP stake increased to 84%",
    "Dividend of €0.08 per share approved"
  ],
  "editors_take": "Aroundtown's increased stake in GCP and stable valuations suggest a strategic consolidation in its portfolio, likely enhancing its control and influence over the business.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}