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 three months ended 31 March 2025, Orion Properties Inc revenues decreased 20% to $37.8M. Net loss decreased 64% to $9.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Impairments decrease of 91% to $1.7M (expense), Depreciation and amortization decrease of 35% to $16M (expense).