CBo Territoria upgrades rental outlook after stronger first-half profit

CBo Territoria ($CBOT) now expects gross rental income across its economic property portfolio to grow by approximately 1% in 2026, replacing its previous forecast for a 1–2% decline. Improved leasing assumptions supported the upgrade, with commercial-property financial occupancy holding at 96%. The group reported first-half net income attributable to shareholders of €9 million, up 3.1%, and recurring net income from its rental business of €7.9 million, up 2.1%.

Consolidated revenue nevertheless fell 1% to €25.4 million, while property-development revenue declined 2.9%. The company reported €24 million of projects under construction and a loan-to-value ratio of 32.1%, slightly lower than at the previous year-end. The improved outlook is specifically for gross rental income, not a blanket upgrade to every revenue or profit measure.

Sources:

• CBo Territoria — issuer’s half-year release, Actusnews / Boursorama