Aroundtown Q1 Earnings Call Highlights
Key takeaways
- Aroundtown Q1 Earnings Call Highlights Aroundtown logo Market Beat Wed, May 27, 2026 at 5:05 PM GMT+7 8 min read AT1.DE AT1 GYC.DE Key Points Interested in Aroundtown SA?
- Aroundtown lifted its 2026 FFO 1 guidance to EUR 275 million–EUR 305 million after increasing its stake in Grand City Properties to 81.5% from 62.5% through a share-for-share exchange offer.
- EPRA NTA increased to EUR 8 per share, helped by operations and the share buyback.
Aroundtown Q1 Earnings Call Highlights Aroundtown logo Market Beat Wed, May 27, 2026 at 5:05 PM GMT+7 8 min read AT1.DE AT1 GYC.DE Key Points Interested in Aroundtown SA? Here are five stocks we like better.
Aroundtown lifted its 2026 FFO 1 guidance to EUR 275 million–EUR 305 million after increasing its stake in Grand City Properties to 81.5% from 62.5% through a share-for-share exchange offer. Management said the deal should add about EUR 35 million of annualized FFO 1 and simplify the corporate structure.
First-quarter net rental income rose to EUR 297 million on 3% like-for-like rental growth, while FFO 1 fell 8% to EUR 70 million because of higher finance costs and profit dropped sharply without last year’s revaluation gains. EPRA NTA increased to EUR 8 per share, helped by operations and the share buyback.