G City reports Q2 results; announces its 2025 outlook

* G City press release [https://g-city.com/wp-content/uploads/2025/08/G-City-Q2-2025-Draft-14.8.2025-V7_eng-003-PDFUA.pdf] (OTCPK:GZTGF [https://seekingalpha.com/symbol/GZTGF]): Q2 FFO per share from income-producing properties activity in Q2 2025 increased by 18.0% to NIS 0.59 per share, compared with NIS 0.5 per share in the corresponding quarter YoY.
* NOI from like-for-like properties increased YoY in Q2 2025 by 7.3%.
* The occupancy rate increased by 0.7% relative to the corresponding quarter YoY, at 95.9% as of June 30, 2025.
* Equity based on EPRA NRV as of June 30, 2025, came to ~NIS 4,926 million, ~NIS 25.4 per share GAAP equity as of June 30, 2025, came to ~NIS 4,107 million, ~NIS 21.2 per share.
* The financial debt of the company and wholly owned subsidiaries declined by ~NIS 1.2 billion relative to Q2 2024 together with an ~0.8% decline in average debt costs.
* The liquidity balances and unutilized credit facilities of the company and wholly owned subsidiaries came to ~NIS 1.4 billion as of June 30, 2025 and NIS 1.8 billion as of the publication date of the report.
* The company announces its 2025 consolidated NOI forecast of NIS 1,590- 1,630 millions, and FFO per share from income-producing property activity forecasted at NIS 1.95-2.01 per share.

MORE ON G CITY

* Dividend scorecard for G City [https://seekingalpha.com/symbol/GZTGF/dividends/scorecard]
* Financial information for G City [https://seekingalpha.com/symbol/GZTGF/income-statement]