Detail akcie Orion Office Rg-WI online

Business Summary: Orion Office REIT Inc. is an internally managed real estate investment trust (REIT). The Company is engaged in the ownership, acquisition, and management of a diversified portfolio of office buildings located in suburban markets across the United States and leased primarily on a single tenant. Its portfolio is comprised of traditional office buildings, as well as governmental office, medical office, office/laboratory, office/research, and office/flex properties. The Company owns and operates 75 office properties with an aggregate of 8.7 million leasable square feet located in 29 states. It leases its corporate office space, including its corporate headquarters, which is located in Phoenix, Arizona. Its tenants operate in a range of industries, health care equipment and services, government and public services, financial institutions, insurance, capital goods, software and services, consumer durables and apparel, telecommunication services, materials, and energy.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Orion Office REIT Inc revenues decreased 6% to $47M. Net loss increased from $8.9M to $26.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Impairments increase from $3.8M to $19.7M (expense), Interest increase of 14% to $8.1M (expense), General and administrative increase of 15% to $4.9M (expense).