Orilina Properties REIC (“Orilina”) was established in December 2018 and it is since then active in the Greek property market. It combines (a) tax efficiency, (b) liquidity in an otherwise illiquid property market, (c) transparency, (d) solid Shareholder base, (e) high-calibre management team with proven profitability track record, (f) focus on sustainability.
Since its inception, the Company managed to accumulate an institutional income producing commercial property portfolio and it is now in the process of creating significant value by engaging in development activities on secured development and redevelopment projects.
Factors that differentiate Orilina from other Greek REITs:
I. DYNAMIC instead of STATIC company: engaged in notable construction activity apart from “rental collection and processing” activity. Relatively extended development portion, resulting in a vehicle featuring a “steady income plus value creation” profile combination
II. Heavy exposure in the high-end residential market
III. Introducing new property types in the local real estate market (such as members’ clubs)
IV. Successful penetration in the highly-sought and extremely promising Athenian Riviera market, which is currently under transformation as international destination
V. Low OpEx
VI. Conservative leverage/safe financial structure