Halmont Properties H1 net income rises to $9.5M

Halmont Properties Corp. reported net income of $9.5 million for the first half of 2026, up from $9.2 million a year earlier, the company said Monday.

Income from forest property investments drove the gain, reflecting capital Halmont deployed through 2025 and early 2026. The company increased its stake in Macer Forest Holdings Inc., which expanded its indirect ownership in Acadian Timber Corp. to roughly 19.3%.

Halmont's commercial real estate portfolio held steady, supported by long-term leases with institutional tenants. The company said it continues to evaluate opportunities to deploy capital into real assets and financial investments that match its long-term strategy.

As of June 30, fully diluted book value per common share stood at $1.02, up from $0.95 a year earlier.