Press release regarding financial results for the 2nd QTR of 2026

TECOM Group reported a 9% year-on-year increase in recurring net profit for the first half of 2026, reaching AED 805 million, driven by robust performance across its specialized business districts and disciplined capital management.
Revenue for H1 2026 grew 11% year-on-year to exceed AED 1.5 billion, supported by record occupancy rates of 97% and significant growth in the Land Lease portfolio, which saw a 22% revenue increase following strategic land acquisitions in 2025.
EBITDA increased 10% year-on-year to surpass AED 1.2 billion with a high margin of 79%, while Funds from Operations (FFO) rose 12% to AED 1.1 billion, underscoring strong cash flow generation and operational efficiency.
The Board of Directors approved an interim cash dividend of AED 440 million for the first half of 2026, expected to be paid in August 2026, reflecting the Group's commitment to delivering sustainable shareholder returns.