)
Emirates REIT (REIT) investor relations material
Emirates REIT H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong H1 2026 growth with total property income up 15% to USD 45m and net property income up 20% to USD 40.4m, amid regional geopolitical and economic uncertainty.
Net asset value rose 7.4% to USD 949.5m, with NAV per share at USD 2.97, a record high.
Occupancy reached 96%, up 0.54 percentage points year-over-year.
Indigo 7 asset was sold at a 35% premium to book value for USD 10.1m, strengthening the balance sheet.
Enhanced shareholder returns with increased dividends and a move to quarterly distributions.
Financial highlights
Dividends paid totaled USD 13m in June 2026; total FY2025 dividends reached USD 20.5m.
Total property income rose 15% year-over-year to USD 44.9m; like-for-like growth was 9.6%.
Funds from operations increased 137% year-over-year to USD 17.1m.
Net finance cost decreased by 2.1% year-over-year to USD 11.3m.
Cash and cash equivalents increased 69% to USD 35.5m.
Outlook and guidance
UAE GDP forecast revised to -0.04% for 2026 due to conflict, but rebound to 5.0% expected in 2027.
Limited new supply and strong demand in office and education sectors support positive rental and occupancy trends.
Ongoing quarterly dividend payments and a planned share buyback program are in place.
Focus remains on disciplined asset management and sustainable shareholder value.
- Higher rents and occupancy lifted earnings, while finance costs kept FFO negative.REIT
Q1 2024 - NAV rose 37% as revaluation gains lifted profit and FTV fell to 20%.REIT
Q3 2025 - Revaluation drove profit growth as occupancy recovered and refinancing costs rose.REIT
Q4 2023 - Revaluation lifted NAV 64%, while refinancing cut net finance costs 57%.REIT
Q1 2025 - Strong income growth and record NAV, but profit fell on lower revaluation gains.REIT
Q1 2026 - New $205m Sukuk, high occupancy, and rising rents drive robust growth and strong financials.REIT
Investor presentation - Strong income growth, higher occupancy, and deleveraging support increased dividends and share buyback plans.REIT
AGM 2025 presentation - Revaluation gains lifted NAV 57% as FTV fell to 20%.REIT
H1 2025 - Revaluation gains lifted 9M profit as occupancy rose and leverage declined.REIT
Q3 2024
Next Emirates REIT earnings date
Next Emirates REIT earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage
)