Renta Corporación has closed the first half of the fiscal year with red numbers of 4.4 million euros, compared to the profit of 2.4 million recorded in the same period of 2025, according to the information sent this Wednesday to the National Securities Market Commission (CNMV).
The business figure of the real estate company stood at 4.4 million, which implies a decrease of 58.2% compared to the same period of the previous year, while the operating result was negative at 2.6 million, compared to the 1.4 million positive obtained twelve months earlier.
On the stock market, at 1:15 PM, the company's shares were down 7.36%, to 0.73 euros per share.
Preparation for future growth
In a note, the company states that it concludes the semester "with a strong strategic focus on preparing for future growth" and that it has increased its transactional portfolio from 29.3 million at the end of 2025 to 51.3 million in June.
The firm emphasizes that the volume of income "has reflected the good progress in the sale of pre-existing residential portfolio and, at the same time, also reflects a period focused, mainly, on investment and shaping the new portfolio."
It also highlights that it is developing operations that encompass three commercial premises in Madrid and Barcelona, in addition to residential and tertiary projects in Málaga and in the metropolitan area of Barcelona.
"These results respond to the initial phase of the maturation cycle of the new projects, preparing the ground for the materialization of the expected sales in the second half of the year," the company has stated.
Debt and financial position
Renta Corporación details that in the first half of the year it has continued to reduce its debt, which stood at 2.3 million, "a historical minimum that represents barely 3.7% of the total assets."
It also indicates that the treasury remained at "robust levels," supported by the signing of new credit lines, aimed at backing the expected growth and accompanying the first steps of the purchase processes.
Vivva and new platforms
The company has announced the launch of the Vivva platform, focused on the promotion and marketing of affordable housing, which will drive optimized residential projects through industrialized or prefabricated construction, with the goal of offering properties below 250,000 euros.
Vivva is led by Carlos Méndez as general director, with more than 25 years of experience and a broad trajectory in reference companies such as JLL, Alting, and Aelca. The new platform has already acquired its first plot in Palafrugell (Girona) and is analyzing new operations in Terrassa (Barcelona) and Valencia.
In addition, Cabe has added 12 additional premises for a purchase amount of 12 million, so it already has a portfolio of 47 assets valued at 80 million.
The socimi Wellder, for its part, has 13 operational properties with a value of 137.7 million, and "is advancing in the process of purchasing new opportunities."
Among these opportunities is the acquisition, in July, of the DomusVi Matogrande residence, in A Coruña, with which the socimi exceeds 2,000 beds under management in the Spanish market.