Reitir 1H FY26 profit falls 43.45% to ISK 1.57 billion; revenue rises 12.7% to ISK 9.88 billion

• Reitir posted 1H 2026 profit of ISK 1.57 billion, down 43.45% year on year; EPS fell to ISK 2.3.
• Rental income rose 12.7% to ISK 9.88 billion; operating profit before fair-value changes climbed 16.2% to ISK 6.59 billion.
• Fair-value gains on investment property increased to ISK 3.9 billion; net finance costs widened to ISK 8.53 billion.
• Internal growth in development and redevelopment projects totaled ISK 5.4 billion, with progress cited at Hyatt Laugavegur and Korputún.
• Full-year guidance raised to rental income of ISK 19.8-20.1 billion; operating profit before fair-value changes seen at ISK 13.2-13.5 billion.

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. Reitir fasteignafelag hf. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608241157OMX_____CNEWS_IS_GNW1001259114_is) on August 24, 2026, and is solely responsible for the information contained therein.