Reitir stock reports stronger rental income in H1 2026
Published on 09/30/2026 at 22:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Reitir stock reports stronger rental income for the first half of 2026, with rental income reaching ISK 9,884 million, up 12.70 percent from the prior-year period. The result gives the Icelandic commercial property company a stronger operating base, while net profit fell 43.50 percent to ISK 1,567 million as finance costs increased, according to Quartr on August 25, 2026.
Operating income accelerates
Operating profit before revaluation and fair value changes rose 16.20 percent year over year to ISK 6,593 million in H1 2026, exceeding the growth rate of rental income. Real revenue growth was 7.40 percent, showing that the reported increase was not driven only by price changes, according to Quartr.
The earnings mix is important for investors because operating performance improved while the bottom line moved in the opposite direction. Fair value gains on investment properties reached ISK 3,895 million, compared with ISK 3,604 million in the prior-year period, according to Quartr.
Guidance sets the next checkpoint
Reitir expects full-year 2026 rental income of ISK 19,800 million to ISK 20,100 million and operating profit before revaluation of ISK 13,200 million to ISK 13,500 million. The outlook reflects stronger-than-expected price increases and real revenue growth, according to Quartr.
Reitir's investor calendar places third-quarter 2026 results on November 2, 2026, while the annual 2026 report is scheduled for February 15, 2027, according to the company's investor relations page.
Stock value and listing
Reitir had a market capitalization of ISK 77.4 billion on September 30, 2026. Its 52-week range was ISK 108.00 to ISK 131.00, placing the latest primary-market quote of ISK 113.00 below the midpoint of that range.
The company trades as REITIR on Nasdaq Iceland and operates a portfolio of commercial properties, including offices, hotels and retail space, according to MarketScreener. The company changed its name from Reitir fasteignafélag hf. to Reitir hf. effective September 7, 2026, according to MarketScreener.
Reitir stock facts
- Company: Reitir hf.
- Ticker: REITIR
- Primary exchange: Nasdaq Iceland
- Market capitalization: ISK 77.4 billion (as of September 30, 2026)
- 52-week range: ISK 108.00-ISK 131.00 (as of September 30, 2026)
- Sector / Industry: Real Estate / REIT - Diversified
- Next earnings date: November 2, 2026
