Orilina set a historic profit record in 2024
Orilina set a historic profit record in 2024
  REIC  |  Economy

Orilina set a historic profit record in 2024

Share Copy Link
RE+D magazine
11.04.2025

Orilina REIC announced a record high in adjusted net profits for 2024, highlighting the company's strong growth and successful performance during the fiscal year.

As stated in its announcement, the listed company reported an adjusted annual return on Enterprise Value (EV) of 17.2%.

The performance of key financial figures for the fiscal year 2024, compared to the same period last year, was as follows:

  1. Adjusted Earnings from Fair Value Adjustment of Investments: €16,058,000 vs. €13,958,000 (+15.0%)

  2. Adjusted Operating Profit: €19,569,000 vs. €18,047,000 (+8.4%)

  3. Adjusted Net Profit After Taxes: €19,273,000 vs. €17,271,000 (+11.6%)

Key Indicators:

  • Total Building Area: 69,803 sqm

  • Gross Property Income Yield (Gross Yield): 7%

  • Adjusted Net Asset Value per Share (Adjusted NAV p.s.): €1.167

  • Adjusted Net Earnings per Share: €0.13

  • Weighted Average Lease Term (WALT): 3.5 years

  • Net Debt to Property Value Ratio: -10%