The Vatican's investment and real estate office reported a profit of 62 million euros in 2024, a 16 million euro increase from 2023. The profits will help fund the Holy See's operating costs amid ongoing financial challenges.

The Vatican, which boasts a vast real estate portfolio, has since 2021 published annual reports on its holdings, part of the late Pope Francis' mission to promote transparency.

The Vatican reported on Monday a 62.2-million-euro ($72.5 million) profit from its financial and real estate holdings last year, up 35.5% from 2023, in a boon to Pope Leo's efforts to close a budget shortfall.

The Vatican office that manages investments and real estate properties on Tuesday reported a profit of 62 million euros (around $63 million) in 2024, up 16 million euros from 2023. It’s one of