Sagax SPAIN reports Second Quarter Results 2026
Sagax Spain reports Second Quarter Results 2026
NTERIM REPORT JANUARY-JUNE 2026
- Total revenue increased by 23.2% to TEUR 21,644 (TEUR 17,563 in the year-earlier period).
- Net operating income increased by 22.1% to TEUR 19,343 (TEUR 15,846).
- Earnings before tax decreased by 11.3% to TEUR 25,762 (TEUR 29,028).
- The property portfolio amounted to 136 properties with a total lettable area of 701,320 square meters.
- Economic occupancy rate amounted to 97.9%.
- During the period, 3 properties were acquired with a total lettable area of 23,700 square meters.
- Net investments in properties amounted to TEUR 29,949.
- Rental revenue in the comparable portfolio increased by 4.0%.
The increase in net operating income was primarily attributable to property acquisitions. The increase in financial expenses compared to the previous year was due to increased amount in financial loans.
For further information, please contact Carlos Galofre +34 649321798.
About Sagax Real Estate SOCIMI, S.A. Sagax Real Estate SOCIMI, S.A. is a spanish property company, part of Sagax AB, focused on commercial properties. As of 1 July 2026, the spanish property portfolio comprised 136 properties with a total lettable area of 701,320 square meters.