Grand City Properties Q1 2026 FFO I drops 4% to €46 million; net rental income rises 2% to €109 million

  • Grand City Properties posted Q1 2026 net rental income of EUR 109 million, up 2% year on year, with like-for-like rental growth of 3.5% and vacancy at 3.6%.
  • FFO I slipped 4% to EUR 46 million, reflecting higher finance expenses; FFO I per share fell 4% to EUR 0.26.
  • Profit for period totaled EUR 42 million, with basic EPS of EUR 0.17; portfolio was not revalued in quarter.
  • Liquidity stood at EUR 1.6 billion, with loan-to-value ratio of 32% and interest coverage ratio of 4.8x.
  • Board proposed a EUR 0.30 per share dividend for 2025, shifting dividend policy from 2026 onward to 50% of FFO I per share; FY 2026 FFO I guidance was confirmed at EUR 175 million to EUR 185 million.


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. Grand City Properties SA published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2325690_en), on May 12, 2026, and is solely responsible for the information contained therein.