Detail akcie Orion Properties Inc online

Business Summary: Orion Properties Inc., formerly 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 net lease basis. Its portfolio is comprised of traditional office buildings, as well as governmental office, medical office, office/laboratory, medical office, flex/laboratory and R&D and flex/industrial properties. It owns and operates 69 office properties with an aggregate of 7.9 million leasable square feet located in 29 states. Its portfolio also consists of six unconsolidated joint venture properties diversified by tenant, geography, and industry. Its tenants operate in a range of industries, including financial services, health care, government services and telecommunications.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Orion Properties Inc revenues decreased 16% to $164.1M. Net loss increased 80% to $103M. Revenues reflect Fixed Charge Coverage Ratio - Total decrease of 39% to 2.67. Higher net loss reflects Net Operating Income (NOI) - Total decrease of 26% to $98.9M, Impairments increase of 44% to $47.6M (expense), Interest increase of 10% to $32.6M (expense). Dividend per share remained flat at $0.40.