Grand City Properties SA (GYC.DE) reported that its funds from operations I, or FFO I for the first half of 2025 were 95 million euros, representing a year-over-year increase of 1%. FFO I per share was 0.54 euros, remaining stable compared the prior-year period. The company confirmed its full-year 2025 FFO I guidance.
Net profit was 210 million euros or 0.92 euros per basic share, compared to a loss of 74 million euros or 0.38 euros per basic share in the prior year.
Adjusted EBITDA rose by 2% to 169 million euros, from 166 million euros in the prior year, reflecting improved operational efficiency.
Net rental income was 213 million euros, an increase of 1% from 212 million euros last year. The performance was supported by like-for-like rental growth of 3.7% partially offset by the impact of net disposals carried out between the periods.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.