India, July 13 -- Swedish property company Sagax AB (SAGA) reported higher profit for the first half of 2026, supported by positive property and financial instrument revaluations, while rental income increased on acquisitions and rent indexation.
Profit attributable to the parent company's shareholders rose to SEK 2.69 billion from SEK 1.35 billion a year earlier.
Rental revenue increased 4% to SEK 2.72 billion from SEK 2.62 billion, driven primarily by property acquisitions in the Benelux, Iberia, France and Denmark, as well as rent indexation. Comparable rental revenue, excluding currency effects, declined 0.5%.
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Property revaluations contributed SEK 8...