on COVIVIO (EPA:COV)
Covivio Reports Q3 2026 Activities with Revenue Growth
Covivio demonstrated strong operational performance for Q3 2026, driven by robust commercial activities and strategic asset management. Significant office leasing activity resulted in 149,400 m² let or renewed over nine months. In Germany, residential properties maintained a high 98.4% occupancy rate with notable rental reversion.
The Group's revenue showed a like-for-like increase of 2.7% over the first nine months, despite a 0.4% year-on-year decline at current scope. Hotels contributed with a 2.0% growth in variable revenues. The recent issuance of a 500 M€ green bond and a new credit facility bolstered financial positioning.
Covivio continues to lead in ESG, maintaining its top sector rating and confirming a projected 4% net result growth for 2026. Key initiatives in hotel management and office-to-hotel conversion projects further support the Group's strategic goals.
R. E.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all COVIVIO news