office Reit Colonial

Inmobiliaria Colonial and the socimi Axiare merger

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.