on SELECTIRENTE (EPA:SELER)
Selectirente Exhibits Resilience Amidst Economic Volatility in H1 2026
Selectirente announces its H1 2026 financial results, showcasing its resilient business model amid a volatile economic landscape. The company maintained a high financial occupancy rate of 95.9% in Q2 2026, boosting the 12-month average to 95.7%, up 100 bps from 2025.
Thirty-one lease renewals and re-let agreements were made since early 2026, keeping rents stable on a like-for-like basis (-0.2% compared to H1 2025). Investments totaled €13.7 million, with €5.8 million signed by June 30, while disposals accounted for €5.8 million.
The IFRS net result was €10.1 million (€2.42/share), reflecting lower than the €18.6 million reported a year ago. However, EPRA earnings rose by 4% to €9.5 million (€2.29/share). The company continues to focus on high-quality city-center retail assets, with plans for strategic geographic expansion.
R. E.
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