The Grounds Real Estate Development: 2025 Results and 2026 Outlook

The Grounds Real Estate Development AG has reported its financial results for 2025, recording EUR 10.0 million in consolidated revenue. This figure aligns with the company's forecast range of EUR 9.0–11.0 million. However, the consolidated EBIT fell short, registering at EUR -3.0 million, contrary to the anticipated break-even point.

The shortfall was due to impairment charges of EUR 2.1 million from increased costs and lower prices, and the deferment of asset management fees worth EUR 1.2 million to 2026. Despite this, the first half of 2026 showed improved performance, with revenue and EBIT at EUR 13.1 million and EUR 1.9 million respectively.

For the full year 2026, The Grounds anticipates revenue between EUR 20.0 million and EUR 24.0 million, with consolidated EBIT projected to be between EUR 1.0 million and EUR 2.0 million, driven mainly by home sales in the Fahrland-Werder project and service business.