Bankinter | Inmobiliaria Colonial (COL) is selling assets in Madrid and Málaga for €44 million. We reiterate our Buy recommendation. The company has agreed to sell the Tucumán office building, in the Campo de las Naciones area of Madrid, for €24 million and a residential complex in Málaga for €20 million. Bankinter research team’s view: Good news. The company continues to make progress with its asset rotation plan and has…

Link Securities | Colonial SFL (COL) is finalising its entry into Germany, with its sights set on Munich and Berlin, according to the newspaper *Expansión*. Pere Viñolas, CEO of Colonial, explained on Thursday at a conference at the Circulo Ecuestre in Barcelona that the property firm is in advanced talks to purchase assets in the country. The executive noted that Germany has five major cities, of which two or three…

Link Securities | The REIT has sold the office building located at Juan Ignacio Luca de Tena 7, in Madrid, a property that housed the headquarters of the Vocento Group and the editorial offices of the ABC newspaper for more than three decades,which were subsequently moved to another asset also owned by the company at Josefa Valcárcel 40, according to Bolsamania.com. The transaction is part of the group’s strategy of…

Banc Sabadell | The results are perfectly in line with our forecasts and show trends very similar to those observed in recent quarters. Rental income: €296 million (up 1.0% versus Banco Sabadell’s 0.8% estimate); recurring EPS: €0.25 (down 3.9% versus the drop of 3.5% estimated byBanco Sabadell). Comparable rental income grew by 5% thanks to indexation and price improvements in renewals. Recurring EPS fell by 4% due to the higher…

Renta 4 | The financial newspaper El Economista features an extensive interview with Colonial’s chairman, Juan José Brugera, in which he reviews the company’s current situation and various aspects of the property market. We would highlight the following aspects of the interview: 1) the gradual improvement in the oversupply in Barcelona’s 22@ district; 2) he leaves the door open to the possibility of exploring new geographical markets such as Germany…

Banc Sabadell | The CEO of Inmobiliaria Colonial (COL), Pera Viñolas, said at a conference that the company plans to invest in new geographical areas in addition to those it has ‘historically touched’, which have been Paris (France), Madrid and Barcelona. Assessment: This is nothing new. Following the announcement of the agreement with Stoneshield on DeepLabs, they already commented that they expect to invest in other geographical areas in the…

Intermoney | Inmobiliaria Colonial (COL) (Buy, Target Price €8.5/share) has announced the placement of a bond maturing in September 2031 for a nominal amount of €800 million, with an annual coupon of 3.125%. The subscription and disbursement of the Bonds is expected to take place on 23 September 2025. The Bonds are expected to be admitted to trading on the regulated market of Euronext Dublin. The REIT has stated that…