Sandra Ortega's real estate company loses 49 million due to the depreciation of the dollar

Ferrado Inmuebles, a real estate company controlled by Sandra Ortega, reported a 46% increase in rental income in 2025 to almost 21 million, driven by the acquisition of two office buildings in Germany and improved occupancy rates. However, the company posted a net loss of 49 million due to the depreciation of the dollar against the euro, which led to a 63 million impairment charge.

The company's operating performance was positive, with a 25% increase in revenue to 26.6 million. Ferrado Inmuebles' net assets rose 15% to 1.341 billion euros, and 60% over two years. The company manages a portfolio of properties across Spain, the US, UK, France, Germany, Portugal, and Austria.