Spanish Real Estate Potentially Undervalued Companies

Galil Capital RE Spain SOCIMI

Market Cap: €24.9m

Operates as a real estate investment company.

VBARE Iberian Properties SOCIMI

Market Cap: €26.0m

A multi-family residential REIT company.

Mistral Iberia Real Estate SOCIMI

Market Cap: €22.9m

A real estate investment company, invests in real estate and other assets.

Trajano Iberia Socimi

Market Cap: €4.5m

A real estate investment trust.

Elaia Investment Spain Socimi

Market Cap: €12.4m

As of August 29, 2017, Socimi Eurosic Investment Spain operates as a subsidiary of Batipart SAS.

Inmobiliaria Colonial SOCIMI

Market Cap: €3.4b

Inmobiliaria Colonial is the leading platform in the prime commercial real estate market in Europe, with a presence in the main business areas of Barcelona, Madrid, and Paris.

Hispanotels Inversiones Socimi

Market Cap: €100.5m

Engages in the investment in hotel, office, residential, and commercial real estate property markets.

Zambal Spain Socimi

Market Cap: €584.2m

Operates as a subsidiary of IBA Capital Partners.

MERLIN Properties SOCIMI

Market Cap: €7.1b

We are the leading real estate company on the Iberian Peninsula, listed on both the Spanish (IBEX-35) and Portuguese stock exchanges.

Wellder Senior Assets SOCIMI

Market Cap: €93.0m

Operates as a real estate investment company in Spain.

Olimpo Retail Germany SOCIMI

Market Cap: €101.1m

Engages in the acquisition and management of commercial real estate assets in Germany.