)
Globe Trade Centre (GTC) investor relations material
Globe Trade Centre Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Rental activity revenue increased 5% year-on-year to €106.3 million in H1 2026, with like-for-like growth at 2% excluding Germany.
Gross margin from operations rose 10% year-on-year to €72.7 million, and adjusted EBITDA grew 11% to €63.1 million.
FFO increased 4% year-on-year to €16.9 million, with commercial portfolio occupancy stable at 87%.
Net loss of €18.1 million for H1 2026, mainly due to negative asset revaluations and higher finance costs.
Major refinancing activities and asset disposals, including Avenue Mall Zagreb and residential units in Germany, supported liquidity and deleveraging.
Financial highlights
Net LTV increased to 58.7% as of 30 June 2026 from 57.0% at year-end 2025.
EPRA NTA per share stood at €1.93 (PLN 8.27).
Weighted average debt maturity extended to 3.9 years, with total net debt at €1.61 billion.
Weighted average interest rate increased to 5.31%.
Cash and cash equivalents at €34 million as of 30 June 2026.
Outlook and guidance
Deleveraging expected to accelerate in the second half with proceeds from asset disposals, including Avenue Mall.
Management expects sufficient liquidity from operating cash flows, asset disposals, and available loan facilities.
Ongoing focus on leasing progress and completion of development projects, with some projects on hold pending leasing activity.
No formal guidance provided for full-year EBITDA, CapEx, or asset disposals.
CapEx for H2 2026 expected to be €20–25 million.
- Rental growth and stable occupancy offset by a €56m valuation loss and higher leverage.GTC
Q4 2023 - Revenue up 7% and EBITDA up 19%, but higher costs led to a EUR 4.6M net loss in Q1 2026.GTC
Q1 2026 - Revenue up 8% but EUR 155m loss from asset revaluation and higher costs; liquidity improved.GTC
Q4 2025 - Supervisory Board appointments, remuneration increases, and Articles amendments were approved.GTC
EGM 2026 - Rental revenue up 9%, net profit falls to €0.5m, major refinancing risk for €500m bonds in 2026.GTC
Q2 2025 - Net profit rebounded to €41.4m, with rental growth and major German acquisitions boosting results.GTC
Q3 2024 - Net profit rebounded to €32m on higher rental income, asset revaluations, and strong cash flow.GTC
Q2 2024 - 2% rental revenue growth, major German acquisition, and strong occupancy and ESG focus.GTC
Q4 2024 - Rental revenue up 9%, liquidity strong, but profit and FFO I declined on higher finance costs.GTC
Q1 2025
Next Globe Trade Centre earnings date
Next Globe Trade Centre earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)