Orion Real Estate Headline earnings decreased from a profit of R9 million to a loss of R3.6 million.

Orion Real Estate grows revenue by 8,75% for the six months ended 31 December 2014 on the back of annual rental increases.

Orion Real Estate says it is pleased with how the company had grown in the last year.

Orion announces in a trading statement that they expect to see an increase in full-year headline earnings per linked unit to 0.57c from 0.03c previously.

Orion says its subsidiary has agreed to sell Erf 57 City Deep Ext 1 Township and Portion 1 of Erf 58 City Deep Ext 1 Township to City Deep 4X4 Commercial Spares for R16m.

Property fund Orion Real Estate reports an improvement in headline earnings per linked unit to 0.30c in the year to June‚ from 0.07c

Orion Real Estate says that its headline earnings per linked unit are expected to improve from 0.07c-0.47c for the year ended June 2013 due to improved trading results.

Orion expects basic earnings to have decreased for the year ended December 2011.

Orion Real Estate says that due to increased rentals and recoveries from the larger portfolio it expects a marked improvement in its headline earnings per share.