by Property Forum
CA Immo recorded gross rental income of €104.8 million in the first half of 2026, down 16% year-on-year, reflecting a 16% reduction in leasable area following a high volume of property sales over the past 12 months. Net rental income fell 14% to €90.5 million, while EBITDA declined 15% to €76.3 million. Recurring earnings (FFO I) came in at €55.6 million, 12% below the prior-year figure of €62.9 million. The consolidated net result was €-1.4 million, compared with €31.3 million in H1 2025, with a market-driven revaluation loss of €53.7 million the primary drag. On the positive side, indirect expenses fell 11% to €18.5 million and financing costs dropped 26%, partly reflecting the repayment of a €350 million bond in October 2025 and a €150 million bond in March 2026.
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