Trastor reports increased net profits in 2019
Trastor reports increased net profits in 2019
  REIC

Trastor reports increased net profits in 2019

Trastor said its asset portrfolio included 58 commercial property assets with a fair value of 200.71 million euros.
RE+D magazine
09.03.2020

Trastor REIC on Monday reported a significant increase in its net profits to 13.77 million euros in 2019 from 2.74 million in 2018.

In an announcement, the company said that revenue from leasing contracts amounted to 9.62 million euros, up 72.5 pct from 2018 (5.58 million), while EBITDA almost quadrupled to 17.75 million euros in 2019 from 4.48 million in 2018.

Trastor said its asset portrfolio included 58 commercial property assets with a fair value of 200.71 million euros.

The company invested 48.11 million euros to buy 13 investment assets and 16.31 million to acquire four real estate companies in 2019.