On September 30, 2021, Trastor REIC announced that it had tripled its profitability in H1 2021 compared to the same period of 2020.
According to the company, the group’s net profit increased from EUR 2.7 million to EUR 8.9 million. In the same period, the group’s rental income saw an increase of 42.1%, reaching EUR 8.1 million.
Trastor REIC also informed that as of June 30, 2021, the Group’s portfolio comprised of 59 prime investment properties located across Greece, with a total leasable area of approximately 219,000 square meters and a value of EUR 312.9 million. During the first semester of 2021, the group acquired a newly built logistics center located in the area of Aspropyrgos, Atticahas and continued the implementation of its divestment plan from non-core assets by completing the sale of six gas stations and one retail shop.