Instone Real Estate

The management board of Instone Real Estate Group expects it will likely not meet the targets communicated for 2026 and has cut its forecast. Expected sales are now €500–600 million, adjusted revenue around €450 million, the adjusted gross margin above 28%, and adjusted profit after tax €25–30 million. The reason is increased macroeconomic and political uncertainty, an interest rate increase in Q3 2026 and delays in transactions, some postponed into Q1 2027; the dividend of €0.43 per share remains planned. » Plus sur finanzen.net

Board member David Dreyfus acquired a total of 3,228 Instone Real Estate Group shares at EUR 6.21 each on 17 September 2026; the transaction was reported to BaFin on 18 September 2026. The stock last traded on the FSE at around EUR 6.00 and fell about 2.0% on the day the report was filed. Instone is valued at approximately EUR 266.87 million; Dreyfus had previously purchased 3,740 shares at EUR 7.90 each on 23 March 2026. » Plus sur finanzen.net

Instone Real Estate reported adjusted revenue of €184.2m and an adjusted profit after tax of €1.3m for the first half of 2026, while gross margin remained robust at 27.9% and operating cash flow was €42.7m. Private-customer sales rose by double digits, and the company shows a strong liquidity position of nearly €260m plus €130m of undrawn credit lines. Management expects a significantly stronger second half and confirms full-year targets at the lower end of the ranges (sales volume at least €650m; adjusted revenue €550–600m; adjusted profit €35–40m). Risks remain geopolitical uncertainty, rising financing costs and dependence on the timing of institutional transactions. » Plus sur de.investing.com

The Goldman Sachs Group reported pursuant to §40 WpHG that its stake in Instone Real Estate Group fell to 2.70% of the voting rights on June 3, 2026. The holding consists of 0.11% direct voting rights and 2.59% through instruments; previously about 3.02% was reported. The instruments include long-term positions and a swap with disclosed cash settlement running until 2031. » Plus sur de.investing.com

On 23 March 2026, board member David Dreyfus acquired 3,740 Instone Real Estate Group shares at €7.90 each; the transaction was disclosed on 24 March 2026. The stock barely reacted and subsequently closed around €7.78–€7.91. Market capitalization is approximately €338.78 million, free float is 43,322,540 shares. Previously, on 25 November 2025, Dreyfus had purchased 2,706 shares at €7.39 each. » Plus sur finanzen.net