Orilina is a licensed (No. 5/831/6.11.2018) Greek REIC, monitored by the Hellenic Capital Market Commission. Greek REICs, similar to REITs in other countries, are governed by Law 2778/1999 as amended. They representing a tax efficient, transparent, and professionally managed asset class which allows for diversified exposure to real estate and high-quality dividends over the medium to long term. REICs are obliged to list their shares on the Athens Stock Exchange, to cater for liquidity and, once listed, they are distributing an annual cash dividend equal to 50% of their net annual profits, at a minimum.
REICs are exempt from:
*instead, there is an Investment Tax calculated on total assets