Aroundtown

Warburg Research has reduced its target price for Aroundtown from €3.80 to €3.30 but confirmed its recommendation at “Buy.” Analyst Andreas Pläsier cited continued headwinds in the real estate sector and adjusted the valuation model. Warburg sees refinancing as the main burden. The stock fell at one point to €1.60 (-2.55%). » Więcej na finanzen.net

Aroundtown has completed its 2026 buyback program, acquiring 98,440,122 treasury shares for a total of €250 million plus incidental costs. The purchases were made from 26 January 2026 until today at a weighted average price of €2.5396 per share and correspond to 6.4% of the share capital. The program was based on an authorization from the annual general meeting on 26 June 2024 and was executed by a commissioned bank. » Więcej na de.investing.com

Aroundtown reports nearly stable rental income of €591m for the first half (like-for-like +2.7%) and adjusted EBITDA of €500m. FFO1 fell 4% to €144m (€0.13 per share); profit after tax dropped to €218m from €578m a year earlier, mainly due to a portfolio revaluation. Sales of €350m were completed; the outlook remains for FFO1 of €275–305m. The stake in Grand City Properties stands at 83% and is planned to rise to just under 90%. » Więcej na finanzen.net