Appeninn expands Polish holdings as Appeninn stock trades at EUR 1.74

Published on 10/12/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Appeninn stock trades at EUR 1.74 on October 12, 2026. Rental income rose 5.00 percent to EUR 11.34 million in the first half of 2026.

Key points in brief

Appeninn stock was trading at EUR 1.74 at Lang & Schwarz on October 12, 2026 at 9:20 a.m. CEST.
Rental income rose 5.00 percent to EUR 11.34 million in the first half of 2026.
The Polish property portfolio reached EUR 170.00 million, while the total portfolio exceeded EUR 290.00 million after acquisitions.

Appeninn, HU0000102132, Illustration mit AI erstellt.

Appeninn (HU0000102132) was trading at EUR 1.74 at Lang & Schwarz on October 12, 2026 at 9:20 a.m. CEST. On September 21, 2026, Appeninn reported first-half rental income of EUR 11.34 million, up 5.00 percent from the prior-year period.

Three portfolio steps in 2026

In February 2026, Appeninn acquired a 56,000-square-meter logistics center in Tarnow, according to Property Forum on September 21, 2026. In July 2026, the DEKADA acquisition added seven retail parks and four shopping centers with 53,000 square meters of leasable space, while the September 21, 2026 report put the Polish holdings at EUR 170.00 million.

The same Property Forum report said the group portfolio exceeded EUR 290.00 million after the Polish transactions. The acquisitions cover office, logistics and retail properties, giving the expansion a broader operating base than a single-property deal.

What drives the portfolio value?

The first-half 2026 operating picture combines 5.00 percent rental-income growth with an adjusted EBITDA of EUR 6.91 million. The adjusted EBITDA margin remained above 60.00 percent, but stronger Hungarian forint exchange rates weighed on consolidated profit after tax, according to Portfolio on September 21, 2026.

That contrast matters for investors: rental income and operating margins improved, while currency effects reduced the reported bottom line. The portfolio value above EUR 290.00 million also raises the importance of integration and occupancy across the newly acquired assets.

Budapest listing sets the market context

Appeninn is listed on the Budapest Stock Exchange under ticker APPENINN.BD in the real estate sector. The stock closed at HUF 649.00 on Budapest on October 9, 2026, and the company had a market capitalization of HUF 30.3 billion on that date.

At Lang & Schwarz, Appeninn stock was trading at EUR 1.74 on October 12, 2026 at 9:20 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Appeninn stock.