Q2 HIGHLIGHTS:
The Group delivered a satisfactory development in the second quarter, with profit before income tax amounting to NOK 467 million.
The Group’s rental income in the second quarter amounted to NOK 1 025 million.
Fair value adjustments of investment properties amounted to NOK 39 million, and fair value adjustments of interest rate derivatives totaled NOK -100 million in the quarter.
Profit before tax, fair value adjustments and currency result amounted to NOK 487 million.
The Group’s financial position is solid. By the end of june 2026 the Group’s equity ratio was 48 %, while the liquidity reserve amounted to NOK 18 884 million.
Retail sales in the shopping center portfolio in the second quarter were NOK 15 395 million, an increase of 1 % compared to the same quarter last year.
In June, Olav Thon Eiendom AS entered into an agreement to acquire 100 % of the shares in Anthon Eiendom AS. Anthon Eiendom AS is a real estate group comprising 16 properties totaling approximately 150 000 square meters in the Oslo area. The acquisition took place on July 1, 2026.
At the company’s annual general meeting in May, it was decided to convert the company into a private limited company and to change the company name to Olav Thon Eiendom AS
For Olav Thon Eiendom AS Arne B. Sperre Tel: +47 926 97 622