Appeninn expands Polish portfolio while Appeninn stock matches EUR 1.77 prior close

Published on 10/07/2026 at 14:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Appeninn rental income rose 5.00 percent in the first half of 2026. Appeninn stock stands at EUR 1.77 on October 7, 2026, unchanged from EUR 1.77.

Appeninn, HU0000102132, Illustration mit AI erstellt.

Appeninn stock (ISIN HU0000102132) was trading at EUR 1.77 at Lang & Schwarz on October 7, 2026 at 2:19 p.m. CEST, unchanged from the EUR 1.77 prior close. The company expanded its Polish property portfolio beyond EUR 290.00 million after acquisitions completed during 2026, according to Property Forum on September 21, 2026.

Poland becomes the growth engine

Appeninn reported rental income of EUR 11.339 million in the first half of 2026, up 5.00 percent from the same period of 2025. The company linked the increase primarily to the Tarnow logistics center acquired in February 2026.

The Polish holdings reached EUR 170.00 million and now cover office, logistics and retail properties. The broader group portfolio exceeded EUR 290.00 million and more than 230,000 square meters after the DEKADA acquisition, which added seven retail parks and four shopping centers.

Profit quality faces a currency test

Operating figures remained stronger than the bottom line. Appeninn reported adjusted EBITDA of EUR 6.913 million in the first half of 2026, compared with EUR 6.707 million in the first half of 2025, while the adjusted EBITDA margin stayed above 60.00 percent.

The comparison matters because currency effects pushed reported earnings in the opposite direction. MarketScreener reported a first-half 2026 net loss of EUR 6.22 million, compared with net income of EUR 3.42 million in the first half of 2025. The source attributed the reversal to property revaluation and currency effects, highlighting the gap between recurring operating performance and reported profit.

Appeninn stock holds at EUR 1.77

At 2:19 p.m. CEST on October 7, 2026, Appeninn stock stood at EUR 1.77 at Lang & Schwarz, exactly matching the EUR 1.77 prior close. For investors, the central question is whether the enlarged Polish asset base can convert into higher rental income while currency movements continue to affect consolidated earnings.

The further course of trading is shown by the continuously updated real-time quote of Appeninn stock.