Cision Signs NOK 84 Million in New Leases in Q2 2026
Cision reported a strong second quarter for 2026, signing new lease agreements valued at NOK 84 million. The company decreased vacancy rates and extended the average unexpired lease term.
Real estate company Cision has reported a significant commercial leasing performance in the second quarter of 2026, securing new lease contracts totaling NOK 84 million. The company also successfully extended existing lease agreements, adding NOK 124 million to its portfolio.
The positive net letting amounted to NOK 28 million. This resulted in a reduction of the vacancy rate to 8.3%. Concurrently, the weighted average unexpired lease term (WAULT) was extended to 7.4 years, indicating a stable outlook for future rental income.
Cision recorded a negative fair value adjustment for its investment properties amounting to NOK 478 million, a 1.6% decrease. This adjustment was attributed to increased yield requirements in property valuations. The company's share of profit from associates and joint ventures was NOK 55 million, a notable improvement from a loss of NOK 14 million in the same period last year.
The net profit for the period was a loss of NOK 280 million. Cision stated its focus remains on active property management and securing tenant commitments to ensure sustained financial performance.