Altareit H1 FY26 net income swings to profit at EUR 21.5 million; revenue falls 8.6% to EUR 738.4 million

• Altareit posted H1 2026 net income, group share of EUR 21.5 million, returning to profit from a loss a year earlier.
• Funds from operations (FFO) operating income rose 27.5% to EUR 49 million, driven by Residential at EUR 50.8 million, more than doubled.
• Revenue fell 8.6% to EUR 738.4 million, due to the phase-out of older-generation residential projects and lower Business Property activity.
• Business Property FFO operating income dropped 70.6% to EUR 4.4 million, while New Businesses widened its operating loss to EUR 6.2 million.
• Residential new orders rose 3.4% to 4,768 units, with backlog at EUR 2.4 billion excl. VAT; taxonomy-aligned revenue edged up 1 percentage point to 74.8%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altareit SCA published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.