Listed property group, Oryx Properties, on Thursday announced its financial results for the year ended 30 June, delivering an improved operational performance. The Group’s net income increased to N$334.5 million, while distribution per linked unit rose 4.9% to 108.00 cents. Other achievements include the commercial vacancy factor, which improved significantly to 2.4%, and the portfolio value, which increased to N$4.7 billion from the 2024 value of N$4.2 billion. This increased its property portfolio value by N$1.8 billion. Looking ahead, Oryx is well-positioned to capitalise on Namibia’s projected economic growth of 3.5% in 2025 and recovery to 3.9% in 2026.