by Property Forum
GTC reported a 5% rise in revenues from rental activities to €106 million in the first half of 2026, up from €101 million in H1 2025. Gross margin from rental activities grew 10% to €73 million, while adjusted EBITDA rose 11% to €63 million. FFO I reached €17 million, with FFO per share at €0.03. Occupancy across the commercial portfolio held steady at 87%, and the group leased nearly 69,400 sqm of commercial space, comprising 40,700 sqm of office and approximately 28,700 sqm of retail space. The group posted a net loss after tax of €18 million, driven by a higher revaluation loss of €22 million, increased net finance costs of €45 million and a rise in tax expenses to €10 million.
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