Realia Business, S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022 at 06:34 am EDT
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Realia Business, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported Rents were EUR 32.98 million compared to EUR 32.09 million a year ago. Total Revenue was EUR 79.73 million compared to revenue of EUR 71.99 million a year ago.
Net income was EUR 40.61 million compared to EUR 24.75 million a year ago.
REALIA Business SA (Realia) is a Spain-based company engaged in the promotion, development and exploitation of rural and urban real estate properties. The Companyâs properties include office buildings and commercial centers in Madrid, Barcelona, Seville, Guadalajara, Soria, A Coruna and Murcia, as well as residential properties, garages, premises and storage areas in Alicante, Almeria, Girona, Balearic Islands, Las Palmas, Madrid, Malaga, Seville, Valencia and Valladolid. The Company operates through a number of real estate entities, such as Noralia SA, Valaise SL, Realia Business Portugal Unipersonal Ltda, Realia Polska Inwestycje Sp z oo, Realia Contesti SRL and Guillena Golf SL. In addition, the Company is a subsidiary of Inmobiliaria Carso SA de CV.