Meta Estate Trust reports 15% profit gain in 2024

Business Forum
Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).

Operating income also experienced substantial growth, up by 32% to RON 25.5 million (€5.1 million). The investment portfolio expanded by 9%, amounting to RON 110 million (€22 million), and total assets reached RON 121.7 million (€24.4 million), an 11% increase compared to the previous year.

Alexandru Bonea, CEO of Meta Estate Trust, commented on the company's performance: “We will continue to seek a balance between risk and opportunity. In this regard, we will use the Bucharest residential market as a tool to maximize returns, while the commercial market will serve as a risk-balancing instrument. Moreover, we will leverage the bankability of income-generating commercial assets as a tool for accelerated asset growth through long-term financing”

In 2025, Meta Estate Trust aims to simplify its capital structure and initiate the process of transferring from the AeRO market to the Bucharest Stock Exchange's (BVB) main market.

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Business Forum  |  1 April, 2025 at 8:00 PM
Business Forum  |  1 April, 2025 at 5:17 PM