Press release regarding financial results for the First QTR of 2026

TECOM Group reported a 12% year-on-year (YoY) increase in recurring net profit to AED 403 million for Q1 2026, while revenue grew 11% YoY to AED 755 million.
EBITDA rose 13% YoY to AED 610 million with an 81% margin, driven by operational efficiency, high occupancy rates, and rental rate optimization.
Portfolio occupancy reached 98% across commercial and industrial assets (up 3% YoY), supported by a weighted average lease term (WALT) of 8.8 years.
Funds from Operations (FFO) increased 14% YoY to AED 549 million, reflecting strong revenue growth and optimized collections.