La inmobiliaria de Sandra Ortega pierde 49 millones por la depreciación del dólar

Ferrado Inmuebles, the real estate firm owned by Sandra Ortega, reported a significant loss of 49 million euros in 2025 due to the depreciation of the dollar against the euro. The company saw a 46% increase in rental income in 2025 as a result of acquiring two office buildings in Germany, as well as improvements in occupancy rates and renegotiations of rental contracts.

Despite this growth, the company reported a net loss of 49 million euros for the year, compared to a profit of 5.35 million euros in the previous year. The decline in value was attributed to the decrease in the dollar's value, which resulted in a net worth reduction of 63 million euros. Operating performance was positive, with a 25% increase in revenue to 26.6 million euros and rental income of nearly 21 million euros, a 46% increase, due to the acquisition of the two German office buildings and better rental terms.

Ferrado Inmuebles manages a portfolio of properties across Spain, the United States, the United Kingdom, France, Germany, Portugal, and Austria. Sandra Ortega acquired the headquarters of Telefonica in Hamburg and another office building in Munich for 150 million euros last year. The company's net worth reached 1.341 million euros in 2025, a 15% increase from 2023, when it grew its net worth by 60% over two years.

In 2025, Ferrado Inmuebles renegotiated its current account with Rosp Corunna, its parent company, to a limit of 1 billion euros, established in 2022. The account earns a 3.02% interest rate. The company also received contributions from Rosp Corunna, the group's parent company, through the offset of credits totaling 227 million euros.

The company's immovable assets have a net controllable value of 513 million euros, while the remaining assets, totaling 992 million euros, are shares in companies with similar objectives in immovable asset management and promotion. Offices are the company's main asset, valued at 465 million euros, followed by hotels (20.7 million euros) and commercial premises (13.9 million euros).

The company sold the warehouses and industrial sheds it owned in Spain in 2025, valued at 3.3 million euros.