Lumo Homes plc Reports Revenue Growth and Improved Occupancy in Q3 2026
Lumo Homes plc has released its interim report for the period ending September 30, 2026, showing strong top-line growth. Total revenue for the third quarter increased by 12.0% to EUR 127.3 million, while net rental income rose 11.5% to EUR 95.9 million. The company also reported an improved financial occupancy rate of 95.5% during the review period. Despite revenue gains, the company reported a significant pre-tax loss of EUR -87.7 million for Q3, primarily driven by a EUR -139.6 million net result from the fair value valuation of investment properties. However, Funds From Operations (FFO) remained resilient, increasing 4.7% to EUR 46.1 million in the third quarter and 4.6% to EUR 110.9 million for the nine-month period.
Topics: funds from operations investment property valuation net rental income revenue growth