EQS-News: CPI Europe announces unaudited results for the first quarter of 2026

EQS-News: CPI Europe AG / Key word(s): Quarter Results
CPI Europe announces unaudited results for the first quarter of 2026

28.05.2026 / 18:03 CET/CEST
The issuer is solely responsible for the content of this announcement.

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CPI Europe AG

Wienerbergstrasse 9

1100 Wien, Austria

 

FN 114425y Commercial Court in Vienna

VAT ID: ATU 37681807

Data Processing Register No. 0607274

 

Press Release – Corporate News
 

Vienna, 28 May 2026
 

CPI Europe announces unaudited results for the first quarter of 2026

 

• Real estate portfolio with a value of €8,771.0 million
• EBIT increased to €138.8 million
• Net profit rose to €105.5 million
• Rental income totalled €145.2 million
• Cash and cash equivalents at €328.6 million
• Equity ratio of 47.9% and improvement in consolidated leverage ratio
to 42.3%
• EPRA NTA per share rose to €36.30

  

KEY DATA   Q1 2026 Q1 2025 Δ in %
Rental income € million 145.2 139.0 4.4
Results of asset management € million 124.2 116.5 6.6
Results from owner-operated hotels € million 0.4 (0.9) n. a.
Results of property sales € million 17.2 9.4 83.3
Results of property development € million (0.2) (0.2) (13.4)
Results of operations € million 121.9 105.7 15.3
Revaluation results € million 38.2 (14.3) n. a.
Operating profit (EBIT) € million 138.8 90.7 53.0
Financial results € million (19.3) (28.9) 33.3
Earnings before tax (EBT) € million 119.5 61.7 93.5
Net profit € million 105.5 47.5 ≥ +100.0

 

CPI Europe continued its positive development during the first quarter of
2026 and generated net profit of €105.5 million. The strategic
reorientation in 2025 supported an increase in rental income to
€145.2 million. This improvement resulted, above all, from the acquisition
of the Czech residential portfolio CPI BYTY in November 2025 and from an
increase of 2.3% in like-for-like rental income.
 

Revaluations (standing investments, properties under development and
property sales) totalled €38.2 million. EBIT rose to €138.8 million and
EBT increased to €119.5 million. Financial results improved to minus
€19.3 million, in particular due to the positive non-cash valuation of
interest rate derivatives and a reduction in the financing volume.
 

High quality property portfolio

CPI Europe continued the systematic optimisation of its real estate
portfolio and closed strategic property sales with a total value of
€33.7 million during the first quarter of 2026.
 

The CPI Europe property portfolio included 357 properties with a combined
value of €8,771.0 million and 3.8 million sqm of rentable space as of 31
March 2026. The occupancy rate equalled 93.5% and the gross return 6.7%.
 

Robust balance sheet

CPI Europe had a robust balance sheet structure as of 31 March 2026 with
an equity ratio of 47.9% and a consolidated leverage ratio of 42.3% (31
December 2025: 42.8%). Cash and cash equivalents amounted to
€328.6 million.
 

The IFRS book value per share rose to €33.02. The EPRA NTA per share
increased to €36.30 at the end of March 2026 and reflects the net profit
recorded for the first quarter of the current financial year.
 

Outlook

CPI Europe intends to concentrate primarily on the further optimisation of
the standing investment portfolio in 2026. Focal points will include the
recently acquired residential portfolio in the Czech Republic and the
expansion of the retail park portfolio. At the same time, CPI Europe plans
to continue the sale of properties that are not compatible with the
portfolio strategy. Opportunistic acquisitions will also be pursued
unchanged to drive the company’s growth.
 

The interim financial report by CPI Europe as of 31 March 2026 is
available on the company’s website under [1]cpi-europe.com.
 

Results notification as of 31 March 2026 by S IMMO AG

S IMMO AG published its results for the first quarter of 2026 on 27 May
2026. The property portfolio included 105 properties with a book value of
€3,207.5 million, an occupancy rate of 91.1% and an overall rental yield
of 6.9% at the end of the reporting quarter.
 

Total revenues amounted to €89.2 million in the first quarter and
reflected the property sales in 2025. Rental income was stable
year-on-year at €55.1 million in the first quarter of 2026. The
improvement in EBIT resulted, in particular, from positive property
valuations of €2.9 million and a decline in administrative expenses to
€54.7 million. Net profit for the period equalled €28.5 million and
reflected the improvement in operating results as well as non-cash
negative effects from financial results and taxes.
 

S IMMO’s results notification as of 31 March 2026 is available on the
company’s website under [2]simmoag.at.

The results notification is only available in German.

 
For additional information contact:

Investor Relations and Corporate Communications

CPI Europe AG
Simone Korbelius
[3]communications@cpi-europe.com
investor.relations@cpi-europe.com

S IMMO AG
Sylwia Milke
sylwia.milke@simmoag.at

 

For more CPI Europe content, visit our website: [4]cpi-europe.com 

You can also follow us on [5]LinkedIn.

 

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28.05.2026 CET/CEST This Corporate News was distributed by [6]EQS Group

View original content: [7]EQS News

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Language: English
Company: CPI Europe AG
Wienerbergstraße 9
1100 Vienna
Austria
Phone: +43 (0) 1 88090
E-mail: Investor.Relations@cpi-europe.com
Internet: http://cpi-europe.com/
ISIN: AT0000A21KS2
WKN: A2JN9W
Listed: Regulated Unofficial Market in Frankfurt, Munich, Stuttgart,
Tradegate BSX; Warschau, Vienna Stock Exchange (Official
Market)
EQS News ID: 2335264

 
End of News EQS News Service

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References

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3. communications@cpi-europe.com
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=38450d1104f0e79f8ba8c9ddb957e628&application_id=2335264&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
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7. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5e4dcc50a363fdaf381b6f47800aa30d&application_id=2335264&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news

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