Covivio Posts 2.7% Like-for-Like Revenue Growth for First Nine Months of 2026

Covivio SA (COV.PA) reported Wednesday that like-for-like revenue rose 2.7% for the first nine months of 2026, accelerating from 2.2% growth in the first half, supported by strong leasing activity across its office, residential and hotel businesses. Group share revenue was EUR 530.7 million, broadly stable at current scope but down 0.4% from a year earlier. Office revenue increased 2.5% like-for-like, German residential revenue rose 3.4% and hotel revenue grew 2.0%. Group occupancy remained high at 96.4%, with German residential occupancy at 98.4%. Covivio let or renewed 149,400 square metres of office space during the period and confirmed its 2026 guidance for around 4% growth in recurring net result, or adjusted EPRA Earnings, per share. COV.PA closed Wednesday's trading at EUR 43.66, up EUR 0.58, or 1.35%, on the Paris Stock Exchange.