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Colonial

Colonial

Companies, Ibex, Spanish economy 25th August 2022

Colonial has nearly 2.6 billion euros war chest for possible acquisitions

Spanish property firm Colonial has 2.557 billion euros in liquidity, which can be earmarked for acquisitions amongst other things, according to the daily Cinco Dias, citing the company’s recent H1 accounts presentation. Colonial has 467 million euros in cash and 2.090 billion in credit lines which have not yet been used, Cinco Dias said. The newspaper flagged that the Ibex 35-listed Socimi’s management has been saying since last year that…

Colonial

Companies, Ibex, Relevant News Item 14th July 2022

Colonial confirms main strategic points: rental income of €510 M in 2025

Intermoney | Colonial (Hold, Target Price 9,5 euros) celebrated its Capital Markets Day (CMD) in Paris on Monday. The socimi confirmed its main strategic points, such as focus on its three markets, maintaining a stable financial structure, asset rotation policy and reinforcing ESG policy. In the face of doubts from some investors, Colonial confirmed the high occupancy levels in its portfolio in service, and in the one where it will be…

Merlin Properties

Spanish economy 11th April 2022

The big Socimis, Merlin, Colonial and Lar España, will pass the CPI rise on to tenants

Bankinter | Merlin, Colonial and Lar España foresee passing inflation on to their rents. They give assurances they will enforce contracts, just as they did when inflation was zero or in negative territory. Bankinter’s opinion: Good news for the sector, although it should be viewed with caution. We do not think the increase in inflation is going to be applied across the board. There will be some assets requiring negotiation with…

Colonial

Markets, Spanish Small & Mid Caps 30th June 2020

Office rentals Socimi Colonial Recorded No “Significant” Rental Defaults In April And May

Colonial has limited the impact of the coronavirus crisis to 2% of the total rent it charges for its office buildings. Depending on how the situation evolves, this percentage could rise to a maximum of 6% for the year as a whole, according to chairman Juan José Brugera. This rate is equivalent to about 21 million euros, in virtue of the 352 million euros in rental income recorded in 2019.

Socimis' boom

Ibex, Markets 22nd August 2017

Socimis in Spain are experiencing a boom which is unparalleled in Europe

Almost 10 years after the big property bubble burst, Spain is once again showing how emotional it can get it with bricks and mortar in all its forms. And emotional is the word, because the ‘revival’ of the real estate sector – something which nobody was betting on three or four years ago – is so spectacular that not a day passes when there is not some sort of euphoric news emerging about it. Of course figures are figures and these are more than amazing. If we focus on the Socimis, the protagonists of the property market in this current phase, the truth is the numbers are really impressive.

Colonial

Ibex, Markets 28th July 2017

Colonial Is Coming Back To The Battle

Fernando Rodríguez | In just three years real estate firm Colonial moved from being on the brink of bankruptcy to the preferred stock to capitalize the announced and definitive recovery of the property sector. After joining the Ibex35 and changing into a Socimi, the company’s appeal to investors has increased.