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G City Q2 FY26 net profit drops to NIS 83 million; FFO falls 10.28% to NIS 96 million
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G City Q2 FY26 net profit drops to NIS 83 million; FFO falls 10.28% to NIS 96 million
  • G City posted Q2 net profit attributable to shareholders of ~NIS 83 million, down from ~NIS 236 million a year earlier.
  • Total NOI fell 12.9% year over year to ~NIS 359 million, due to property sales and a stronger shekel.
  • FFO was ~NIS 96 million versus ~NIS 107 million; FFO from income-producing property activity slid to ~NIS 97 million.
  • Lease renewals carried an average leasing spread of ~10.3%; occupancy held at 95.3%.
  • Guidance lifted to NIS 2.00-2.10 FFO per share for 2026; plans include ~NIS 6.1 billion asset disposals by end-2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. G City Ltd. published the original content used to generate this news brief on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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