Castellana Properties Socimi (YCPS) 주식 개요2016년 12월 20일 기준, 카스텔라나 프로퍼티 소시미, S.A. 자세히 보기YCPS 펀더멘털 분석스노우플레이크 점수가치 평가4/6미래 성장0/6과거 실적4/6재무 건전성3/6배당3/6강점공정 가치 추정치보다 낮은 56.2% 에서 거래지난 1년간 수익이 66% 증가했습니다.위험 분석부채는 operating cash flow로 충분히 감당되지 않습니다.지난 1년 동안 주주가 희석되었습니다.8.9% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기YCPS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW494,830 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG494,830 investors already sharing narrativesYour Fair Value€Current Price€9.6514.9% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-32m428m2016201920222025202620282031Revenue €427.5mEarnings €370.4mAdvancedSet Fair ValueView all narrativesCastellana Properties Socimi, S.A. 경쟁사General de Galerías Comerciales SOCIMISymbol: BME:GGCMarket cap: €4.2bHelios RE SocimiSymbol: BME:SCHLRMarket cap: €694.7mOlimpo Real Estate SOCIMISymbol: BME:YOREMarket cap: €194.6mTander Inversiones SOCIMISymbol: BME:YTANMarket cap: €111.5m가격 이력 및 성과Castellana Properties Socimi 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가€9.6552주 최고가€9.8552주 최저가€7.10베타0.101개월 변동-1.53%3개월 변동-0.52%1년 변동36.88%3년 변동49.61%5년 변동59.50%IPO 이후 변동53.17%최근 뉴스 및 업데이트공시 • Jun 18Castellana Properties Socimi, S.A., Annual General Meeting, Jul 20, 2026Castellana Properties Socimi, S.A., Annual General Meeting, Jul 20, 2026. Location: paseo de la castellana 36-38, planta 8, madrid SpainNew Risk • Jun 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 158% Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Apr 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Mar 19Castellana Properties Socimi, S.A. (BME:YCPS) signed a share purchase agreement to acquire 50% stake in Splau shopping center in Barcelona from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €89.2 million.Castellana Properties Socimi, S.A. (BME:YCPS) signed a share purchase agreement to acquire 50% stake in Splau shopping center in Barcelona from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €89.2 million on March 18, 2026. The purchase consideration payable for the Castellana’s share in the Property is €89.25 million (the “Purchase Consideration”), payable in cash on the Closing Date. The Purchase Consideration has been calculated based on the Agreed Asset Value, less a new mortgage loan of €171.5 million. The Transaction is based on a gross asset price assigned to 100% of the Property of €350 million.Castellana will fund the purchase consideration through its existing cash resources. The expected completion of the transaction is April 21, 2026 to April 30, 2026.공시 • Feb 04Castellana Properties Socimi, S.A. (BME:YCPS) acquired Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) for approximately €110 million.Castellana Properties Socimi, S.A. (BME:YCPS) acquired Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) for approximately €110 million on January 30, 2026. The purchase consideration payable for the Acquisition Shares is €108 million payable in cash on the Closing Date. The Purchase Consideration may ultimately be adjusted based on the financial statements of the Acquisition Company as at the Closing Date. However, it is not expected that there will be a material adjustment to the Purchase Consideration. The SPA includes market-standard warranties, indemnities and undertakings for a transaction of this nature. The Acquisition will be funded by a combination of existing cash resources and in-country debt of €50 million, representing a loan-to-value ratio of c.46%. Additionally, Vukile provided financial assistance to Castellana Properties SOCIMI, through a shareholder loan amounting to €44 million. The completion of the Acquisition is not subject to any conditions precedent. Java Capital and NSX Sponsor acted as advisors in the transaction. Ismael Fernández Antón, Javier Hernández Galante and Tannia Rodríguez of Ashurst LLP, Spain acted as legal advisor for Castellana Properties Socimi, S.A. Jesús Varela, José Ramón and Paulino González-Fierro Amondaray of Vizcaíno Pérez-Llorca Abogados, S.L.P. acted as legal advisor for Barings Core Spain Socimi, S.A.U. Castellana Properties Socimi, S.A. (BME:YCPS) completed the acquisition of Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) on January 30, 2026.더 많은 업데이트 보기Recent updates공시 • Jun 18Castellana Properties Socimi, S.A., Annual General Meeting, Jul 20, 2026Castellana Properties Socimi, S.A., Annual General Meeting, Jul 20, 2026. Location: paseo de la castellana 36-38, planta 8, madrid SpainNew Risk • Jun 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 158% Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Apr 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Mar 19Castellana Properties Socimi, S.A. (BME:YCPS) signed a share purchase agreement to acquire 50% stake in Splau shopping center in Barcelona from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €89.2 million.Castellana Properties Socimi, S.A. (BME:YCPS) signed a share purchase agreement to acquire 50% stake in Splau shopping center in Barcelona from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €89.2 million on March 18, 2026. The purchase consideration payable for the Castellana’s share in the Property is €89.25 million (the “Purchase Consideration”), payable in cash on the Closing Date. The Purchase Consideration has been calculated based on the Agreed Asset Value, less a new mortgage loan of €171.5 million. The Transaction is based on a gross asset price assigned to 100% of the Property of €350 million.Castellana will fund the purchase consideration through its existing cash resources. The expected completion of the transaction is April 21, 2026 to April 30, 2026.공시 • Feb 04Castellana Properties Socimi, S.A. (BME:YCPS) acquired Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) for approximately €110 million.Castellana Properties Socimi, S.A. (BME:YCPS) acquired Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) for approximately €110 million on January 30, 2026. The purchase consideration payable for the Acquisition Shares is €108 million payable in cash on the Closing Date. The Purchase Consideration may ultimately be adjusted based on the financial statements of the Acquisition Company as at the Closing Date. However, it is not expected that there will be a material adjustment to the Purchase Consideration. The SPA includes market-standard warranties, indemnities and undertakings for a transaction of this nature. The Acquisition will be funded by a combination of existing cash resources and in-country debt of €50 million, representing a loan-to-value ratio of c.46%. Additionally, Vukile provided financial assistance to Castellana Properties SOCIMI, through a shareholder loan amounting to €44 million. The completion of the Acquisition is not subject to any conditions precedent. Java Capital and NSX Sponsor acted as advisors in the transaction. Ismael Fernández Antón, Javier Hernández Galante and Tannia Rodríguez of Ashurst LLP, Spain acted as legal advisor for Castellana Properties Socimi, S.A. Jesús Varela, José Ramón and Paulino González-Fierro Amondaray of Vizcaíno Pérez-Llorca Abogados, S.L.P. acted as legal advisor for Barings Core Spain Socimi, S.A.U. Castellana Properties Socimi, S.A. (BME:YCPS) completed the acquisition of Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) on January 30, 2026.공시 • Jan 30Ares Real Estate Fund and Ares Management Corporation (NYSE:ARES) reached an agreement to acquire Portfolio of retail parks in Spain from Castellana Properties Socimi, S.A. (BME:YCPS) for approximately €280 million.Ares Real Estate Fund and Ares Management Corporation (NYSE:ARES) reached an agreement to acquire Portfolio of retail parks in Spain from Castellana Properties Socimi, S.A. (BME:YCPS) for approximately €280 million on January 28, 2026. A consideration of €279 million will be paid by Ares Real Estate Fund and Ares Management Corporation. As part of consideration, €279 million is paid towards assets of Portfolio of retail parks in Spain. The expected completion of the transaction is April 1, 2026. Javier Hernández Galante, Ismael Fernández Antón, and Pedro Ester of Ashurst LLP, Spain acted as e legal advisor to Castellana. Linklaters LLP (USA) acted as a legal advisor, Ernst & Young Capital Advisors, LLC acted as a financial advisor and Deloitte Tax LLP acts as a tax advisor to Ares Management.Board Change • Jan 07Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Dec 01Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Nov 05Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Aug 13Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Jul 29Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Jun 14Full year 2025 earnings releasedFull year 2025 results: Revenue: €82.9m (down 7.3% from FY 2024). Net income: €90.8m (up 305% from FY 2024).공시 • Jun 13Castellana Properties Socimi, S.A., Annual General Meeting, Jul 16, 2025Castellana Properties Socimi, S.A., Annual General Meeting, Jul 16, 2025. Location: glorieta de ruben dario 3., madrid SpainBoard Change • Jun 12Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (26% increase in shares outstanding).Board Change • May 09Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • Apr 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (26% increase in shares outstanding).Board Change • Apr 04Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Mar 12Castellana Properties Socimi, S.A. (BME:YCPS) concluded an agreement to acquire Bonaire Shopping Centre from Unibail-Rodamco Retail Spain Sl., Unibail Rodamco Spain S.A. and Unibail Rodamco Spain S.L.U for approximately €310 million.Castellana Properties Socimi, S.A. (BME:YCPS) concluded an agreement to acquire Bonaire Shopping Centre from Unibail-Rodamco Retail Spain Sl., Unibail Rodamco Spain S.A. and Unibail Rodamco Spain S.L.U for approximately €310 million on March 11, 2025. A cash consideration of €305 million will be paid by Castellana Properties Socimi, S.A. As part of consideration, €305 million is paid towards assets of Bonaire Shopping Centre. The transaction will be financed through in-country debt of of €126 million and part of the proceeds of Castellana’s disposal of its shareholding in Lar España, which proceeds were received in December 2024. The expected completion of the transaction is March 13, 2025.Board Change • Feb 25Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Feb 07Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.분석 기사 • Nov 27Not Many Are Piling Into Castellana Properties Socimi, S.A. (BME:YCPS) Just YetWith a median price-to-earnings (or "P/E") ratio of close to 19x in Spain, you could be forgiven for feeling...New Risk • Nov 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Dividend is not well covered by earnings (127% payout ratio). Shareholders have been diluted in the past year (14% increase in shares outstanding).Upcoming Dividend • Nov 26Upcoming dividend of €0.07 per shareEligible shareholders must have bought the stock before 03 December 2024. Payment date: 05 December 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.4%. Lower than top quartile of Spanish dividend payers (5.5%). Higher than average of industry peers (2.7%).공시 • Oct 02Castellana Properties Socimi, S.A. (BME:YCPS) completed the acquisition of shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda.Castellana Properties Socimi, S.A. (BME:YCPS) entered into a share purchase agreement to acquire shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda for €176.5 million on September 9, 2024. Castellana is entitled to assign its rights under the SPA to a nominee. Castellana will nominate a newly incorporated subsidiary (‘Newco’) as the purchaser. 80% of the shares in Newco will be held by Castellana and 20% of the shares in Newco will be held by RMB Investments and Advisory Proprietary Limited. RMBIA is a company incorporated in the Republic of South Africa within the FirstRand Limited Group. Newco will refinance an existing in-country asset-backed debt package of €72.5 million with existing lenders. The remaining €104 million of the purchase consideration will be funded by a subscription for shares in Newco, of which 80% will be subscribed for by Castellana, using existing cash resources of the Vukile group and 20% will be subscribed for by RMBIA. The Transaction is conditional on the approval by the Lenders of the re-finance of the existing in-country asset- backed debt package, including a change of control of the companies and the release of the Seller from any liabilities relating thereto. Castellana has received binding term sheets from the Lenders in this regard and the funding is only subject to the finalisation of legal agreements. The transaction remains subject to the usual conditions precedent and is expected to close on October 1, 2024. Castellana Properties Socimi, S.A. (BME:YCPS) completed the acquisition of shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda on October 1, 2024.공시 • Sep 10Castellana Properties Socimi, S.A. (BME:YCPS)concluded a share purchase agreement to acquire shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda for €176.5 million.Castellana Properties Socimi, S.A. (BME:YCPS)concluded a share purchase agreement to acquire shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda for €176.5 million on September 9, 2024. Castellana is entitled to assign its rights under the SPA to a nominee. Castellana will nominate a newly incorporated subsidiary (‘Newco’) as the purchaser. 80% of the shares in Newco will be held by Castellana and 20% of the shares in Newco will be held by RMB Investments and Advisory Proprietary Limited. RMBIA is a company incorporated in the Republic of South Africa within the FirstRand Limited Group. Newco will refinance an existing in-country asset-backed debt package of €72.5 million with existing lenders. The remaining €104 million of the purchase consideration will be funded by a subscription for shares in Newco, of which 80% will be subscribed for by Castellana, using existing cash resources of the Vukile group and 20% will be subscribed for by RMBIA. The Transaction is conditional on the approval by the Lenders of the re-finance of the existing in-country asset- backed debt package, including a change of control of the companies and the release of the Seller from any liabilities relating thereto. Castellana has received binding term sheets from the Lenders in this regard and the funding is only subject to the finalisation of legal agreements. The transaction remains subject to the usual conditions precedent and is expected to close on 1 October 2024.공시 • Jul 13The consortium formed by the Real Estate fund Hines European Real Estate Partners III a fund managed by Hines Interests Limited Partnership and Grupo Lar Inversiones Inmobiliarias, S.A., announce a Voluntary Cash Tender Offer to acquire an remaining 89.85% stake in Lar España Real Estate SOCIMI, S.A. (BME:LRE) for approximately €610 million.The consortium formed by the Real Estate fund Hines European Real Estate Partners III a fund managed by Hines Interests Limited Partnership and Grupo Lar Inversiones Inmobiliarias, S.A., announce a Voluntary Cash Tender Offer to acquire an remaining 89.85% stake in Lar España Real Estate SOCIMI, S.A. (BME:LRE) for approximately €610 million on July 12, 2024. The consideration offered to Lar España’s shareholders consists of €8.10 per share, paid in cash, which implies valuing Lar España’s share capital at approximately €678 million. The Offer price implies a premium of 16% over the closing share price on the day before the Announcement, 17% premium over last 1-month VWAP and 25% premium over last 6-month VWAP adjusted by dividend. The Offer is addressed to effectively 89.85% of the ordinary shares of Lar España, excluding the shares owned by Grupo Lar and Miguel Pereda Espeso (shareholder and Executive Chairman of Grupo Lar), which will contribute their shares to the Offeror after settlement. The Offer is conditional on reaching a minimum level of acceptance that allows the Offeror to gain control, assets perimeter remaining unchanged and no material changes in the net debt/cash position taking the latest publicly available quarterly report as of Q1- 2024. The Consortium will fund the Offer with a combination of equity and external debt financing fully underwritten by reputable banks. The intention of the parties is to further optimize the capital structure of Lar España and to increase leverage to c.60% LTV. Morgan Stanley and AZ Capital are acting as financial advisors and Freshfields Bruckhaus Deringer and Garrigues as legal advisors to the Consortium.공시 • Jun 18Castellana Properties Socimi, S.A., Annual General Meeting, Jul 17, 2024Castellana Properties Socimi, S.A., Annual General Meeting, Jul 17, 2024. Location: glorieta de ruben dario 3., madrid SpainReported Earnings • May 26Full year 2024 earnings released: EPS: €0.22 (vs €0.47 in FY 2023)Full year 2024 results: EPS: €0.22 (down from €0.47 in FY 2023). Revenue: €89.4m (up 7.9% from FY 2023). Net income: €22.4m (down 52% from FY 2023). Profit margin: 25% (down from 56% in FY 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 22Upcoming dividend of €0.04 per share at 4.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Spanish dividend payers (5.8%). Lower than average of industry peers (5.3%).Reported Earnings • Nov 20First half 2024 earnings releasedFirst half 2024 results: Revenue: €35.3m (down 16% from 1H 2023). Net income: €16.2m (down 39% from 1H 2023). Profit margin: 46% (down from 63% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (42% net profit margin). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).공시 • May 18Vukile Property Fund Limited acquired a 9.929078% stake in Castellana Properties Socimi, S.A. for €63.9 million.Vukile Property Fund Limited acquired a 9.929078% stake in Castellana Properties Socimi, S.A. for €63.9 million on May 16, 2023. Vukile Property Fund Limited completed the acquisition of a 9.929078% stake in Castellana Properties Socimi, S.A. on May 16, 2023.공시 • Jan 19Castellana Properties Socimi, S.A. announced that it has received €15 million in funding from Vukile Property Fund LimitedCastellana Properties Socimi, S.A. announced that it has raised €15 million in a round of funding by Vukile Property Fund Limited on January 18, 2023.Reported Earnings • Nov 24First half 2023 earnings released: EPS: €0.27 (vs €0.20 in 1H 2022)First half 2023 results: EPS: €0.27 (up from €0.20 in 1H 2022). Revenue: €31.2m (down 16% from 1H 2022). Net income: €26.4m (up 55% from 1H 2022). Profit margin: 85% (up from 46% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Non-Executive Proprietary Director LR Cohen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Jun 14Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Spanish dividend payers (5.7%). Lower than average of industry peers (5.4%).Reported Earnings • Jun 05Full year 2022 earnings released: EPS: €0.53 (vs €0.37 loss in FY 2021)Full year 2022 results: EPS: €0.53 (up from €0.37 loss in FY 2021). Revenue: €72.6m (up 31% from FY 2021). Net income: €45.7m (up €77.5m from FY 2021). Profit margin: 63% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Non-Executive Proprietary Director LR Cohen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Jan 28Castellana Properties Socimi, S.A. (BME:YCPS) agreed to acquire 21.7% stake in Lar España Real Estate SOCIMI, S.A. (BME:LRE) from LVS II Lux XII S.à r.l. for €97.1 million.Castellana Properties Socimi, S.A. (BME:YCPS) agreed to acquire 21.7% stake in Lar España Real Estate SOCIMI, S.A. (BME:LRE) from LVS II Lux XII S.à r.l. for €97.1 million on January 27, 2022. Castellana will purchase 18.2 million Lar Espana shares at price of €5.35 per share. Castellana will fund the purchase out of €15 million of available cash and the balance through a shareholder loan of €75 million from Vukile, which will be capitalized before the end of the current financial year ending 31 March 2022 at a price equal to the NAV per share of Castellana. The closing date of the sale and purchase of the subject shares will be January 26, 2022. Vukile forecasts a positive impact on FFO per Vukile share for FY2022 as a result of the transaction and a material positive total return impact in the medium to long-term.공시 • Jun 23An unknown buyer acquired Two office buildings in Alcobendas (Madrid) and Bollullos de laMitación (Seville) from Castellana Properties Socimi, S.A. (BME:YCPS) €26.5 million.An unknown buyer acquired Two office buildings in Alcobendas (Madrid) and Bollullos de laMitación (Seville) from Castellana Properties Socimi, S.A. (BME:YCPS) for €26.5 million on June 21, 2021. An unknown buyer completed the acquisition of Two office buildings in Alcobendas (Madrid) and Bollullos de laMitación (Seville) from Castellana Properties Socimi, S.A. (BME:YCPS) on June 21, 2021.Reported Earnings • Jun 04Full year 2021 earnings released: €0.37 loss per share (vs €0.21 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: €58.6m (down 27% from FY 2020). Net loss: €31.9m (down 286% from profit in FY 2020).분석 기사 • Mar 15Reflecting on Castellana Properties Socimi's (BME:YCPS) Share Price Returns Over The Last YearInvestors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...Is New 90 Day High Low • Feb 23New 90-day high: €5.70The company is up 3.0% from its price of €5.55 on 24 November 2020. The Spanish market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 4.0% over the same period.분석 기사 • Jan 20Does Castellana Properties Socimi, S.A. (BME:YCPS) Have A Place In Your Dividend Stock Portfolio?Could Castellana Properties Socimi, S.A. ( BME:YCPS ) be an attractive dividend share to own for the long haul...주주 수익률YCPSES Retail REITsES 시장7D0%-0.02%2.1%1Y36.9%14.3%36.3%전체 주주 수익률 보기수익률 대 산업: YCPS은 지난 1년 동안 14.3%의 수익을 기록한 Spanish Retail REITs 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: YCPS은 지난 1년 동안 36.3%의 수익을 기록한 Spanish 시장과 동일한 성과를 보였습니다.주가 변동성Is YCPS's price volatile compared to industry and market?YCPS volatilityYCPS Average Weekly Movement1.0%Retail REITs Industry Average Movement0.9%Market Average Movement3.4%10% most volatile stocks in ES Market6.8%10% least volatile stocks in ES Market0.7%안정적인 주가: YCPS는 지난 3개월 동안 Spanish 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: YCPS의 주간 변동성(1%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트201555Alfonso Brunetwww.castellanasocimi.es/en2016년 12월 20일 현재 카스텔라나 프로퍼티 소시미(Castellana Properties Socimi, S.A.)(BME:YCPS)는 부킬레 프로퍼티 펀드 리미티드의 자회사로 운영되고 있습니다.더 보기Castellana Properties Socimi, S.A. 기초 지표 요약Castellana Properties Socimi의 순이익과 매출은 시가총액과 어떻게 비교됩니까?YCPS 기초 통계시가총액€1.42b순이익 (TTM)€150.70m매출 (TTM)€173.95m9.4x주가수익비율(P/E)8.2x주가매출비율(P/S)YCPS는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표YCPS 손익계산서 (TTM)매출€173.95m매출원가€0총이익€173.95m기타 비용€23.25m순이익€150.70m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)1.03총이익률100.00%순이익률86.64%부채/자본 비율47.6%YCPS의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당8.9%현재 배당 수익률70%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/05 00:46종가2026/07/03 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Castellana Properties Socimi, S.A.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Jun 18Castellana Properties Socimi, S.A., Annual General Meeting, Jul 20, 2026Castellana Properties Socimi, S.A., Annual General Meeting, Jul 20, 2026. Location: paseo de la castellana 36-38, planta 8, madrid Spain
New Risk • Jun 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 158% Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Apr 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Mar 19Castellana Properties Socimi, S.A. (BME:YCPS) signed a share purchase agreement to acquire 50% stake in Splau shopping center in Barcelona from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €89.2 million.Castellana Properties Socimi, S.A. (BME:YCPS) signed a share purchase agreement to acquire 50% stake in Splau shopping center in Barcelona from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €89.2 million on March 18, 2026. The purchase consideration payable for the Castellana’s share in the Property is €89.25 million (the “Purchase Consideration”), payable in cash on the Closing Date. The Purchase Consideration has been calculated based on the Agreed Asset Value, less a new mortgage loan of €171.5 million. The Transaction is based on a gross asset price assigned to 100% of the Property of €350 million.Castellana will fund the purchase consideration through its existing cash resources. The expected completion of the transaction is April 21, 2026 to April 30, 2026.
공시 • Feb 04Castellana Properties Socimi, S.A. (BME:YCPS) acquired Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) for approximately €110 million.Castellana Properties Socimi, S.A. (BME:YCPS) acquired Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) for approximately €110 million on January 30, 2026. The purchase consideration payable for the Acquisition Shares is €108 million payable in cash on the Closing Date. The Purchase Consideration may ultimately be adjusted based on the financial statements of the Acquisition Company as at the Closing Date. However, it is not expected that there will be a material adjustment to the Purchase Consideration. The SPA includes market-standard warranties, indemnities and undertakings for a transaction of this nature. The Acquisition will be funded by a combination of existing cash resources and in-country debt of €50 million, representing a loan-to-value ratio of c.46%. Additionally, Vukile provided financial assistance to Castellana Properties SOCIMI, through a shareholder loan amounting to €44 million. The completion of the Acquisition is not subject to any conditions precedent. Java Capital and NSX Sponsor acted as advisors in the transaction. Ismael Fernández Antón, Javier Hernández Galante and Tannia Rodríguez of Ashurst LLP, Spain acted as legal advisor for Castellana Properties Socimi, S.A. Jesús Varela, José Ramón and Paulino González-Fierro Amondaray of Vizcaíno Pérez-Llorca Abogados, S.L.P. acted as legal advisor for Barings Core Spain Socimi, S.A.U. Castellana Properties Socimi, S.A. (BME:YCPS) completed the acquisition of Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) on January 30, 2026.
공시 • Jun 18Castellana Properties Socimi, S.A., Annual General Meeting, Jul 20, 2026Castellana Properties Socimi, S.A., Annual General Meeting, Jul 20, 2026. Location: paseo de la castellana 36-38, planta 8, madrid Spain
New Risk • Jun 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 158% Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding).
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Apr 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Mar 19Castellana Properties Socimi, S.A. (BME:YCPS) signed a share purchase agreement to acquire 50% stake in Splau shopping center in Barcelona from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €89.2 million.Castellana Properties Socimi, S.A. (BME:YCPS) signed a share purchase agreement to acquire 50% stake in Splau shopping center in Barcelona from Unibail-Rodamco-Westfield SE (ENXTPA:URW) for €89.2 million on March 18, 2026. The purchase consideration payable for the Castellana’s share in the Property is €89.25 million (the “Purchase Consideration”), payable in cash on the Closing Date. The Purchase Consideration has been calculated based on the Agreed Asset Value, less a new mortgage loan of €171.5 million. The Transaction is based on a gross asset price assigned to 100% of the Property of €350 million.Castellana will fund the purchase consideration through its existing cash resources. The expected completion of the transaction is April 21, 2026 to April 30, 2026.
공시 • Feb 04Castellana Properties Socimi, S.A. (BME:YCPS) acquired Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) for approximately €110 million.Castellana Properties Socimi, S.A. (BME:YCPS) acquired Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) for approximately €110 million on January 30, 2026. The purchase consideration payable for the Acquisition Shares is €108 million payable in cash on the Closing Date. The Purchase Consideration may ultimately be adjusted based on the financial statements of the Acquisition Company as at the Closing Date. However, it is not expected that there will be a material adjustment to the Purchase Consideration. The SPA includes market-standard warranties, indemnities and undertakings for a transaction of this nature. The Acquisition will be funded by a combination of existing cash resources and in-country debt of €50 million, representing a loan-to-value ratio of c.46%. Additionally, Vukile provided financial assistance to Castellana Properties SOCIMI, through a shareholder loan amounting to €44 million. The completion of the Acquisition is not subject to any conditions precedent. Java Capital and NSX Sponsor acted as advisors in the transaction. Ismael Fernández Antón, Javier Hernández Galante and Tannia Rodríguez of Ashurst LLP, Spain acted as legal advisor for Castellana Properties Socimi, S.A. Jesús Varela, José Ramón and Paulino González-Fierro Amondaray of Vizcaíno Pérez-Llorca Abogados, S.L.P. acted as legal advisor for Barings Core Spain Socimi, S.A.U. Castellana Properties Socimi, S.A. (BME:YCPS) completed the acquisition of Rpfi Activos Inmobiliarios Sl. from Barings Core Spain Socimi, S.A.U. (ENXTPA:MLBAR) on January 30, 2026.
공시 • Jan 30Ares Real Estate Fund and Ares Management Corporation (NYSE:ARES) reached an agreement to acquire Portfolio of retail parks in Spain from Castellana Properties Socimi, S.A. (BME:YCPS) for approximately €280 million.Ares Real Estate Fund and Ares Management Corporation (NYSE:ARES) reached an agreement to acquire Portfolio of retail parks in Spain from Castellana Properties Socimi, S.A. (BME:YCPS) for approximately €280 million on January 28, 2026. A consideration of €279 million will be paid by Ares Real Estate Fund and Ares Management Corporation. As part of consideration, €279 million is paid towards assets of Portfolio of retail parks in Spain. The expected completion of the transaction is April 1, 2026. Javier Hernández Galante, Ismael Fernández Antón, and Pedro Ester of Ashurst LLP, Spain acted as e legal advisor to Castellana. Linklaters LLP (USA) acted as a legal advisor, Ernst & Young Capital Advisors, LLC acted as a financial advisor and Deloitte Tax LLP acts as a tax advisor to Ares Management.
Board Change • Jan 07Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Dec 01Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Nov 05Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Aug 13Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Jul 29Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Jun 14Full year 2025 earnings releasedFull year 2025 results: Revenue: €82.9m (down 7.3% from FY 2024). Net income: €90.8m (up 305% from FY 2024).
공시 • Jun 13Castellana Properties Socimi, S.A., Annual General Meeting, Jul 16, 2025Castellana Properties Socimi, S.A., Annual General Meeting, Jul 16, 2025. Location: glorieta de ruben dario 3., madrid Spain
Board Change • Jun 12Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Jun 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (26% increase in shares outstanding).
Board Change • May 09Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • Apr 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (26% increase in shares outstanding).
Board Change • Apr 04Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Mar 12Castellana Properties Socimi, S.A. (BME:YCPS) concluded an agreement to acquire Bonaire Shopping Centre from Unibail-Rodamco Retail Spain Sl., Unibail Rodamco Spain S.A. and Unibail Rodamco Spain S.L.U for approximately €310 million.Castellana Properties Socimi, S.A. (BME:YCPS) concluded an agreement to acquire Bonaire Shopping Centre from Unibail-Rodamco Retail Spain Sl., Unibail Rodamco Spain S.A. and Unibail Rodamco Spain S.L.U for approximately €310 million on March 11, 2025. A cash consideration of €305 million will be paid by Castellana Properties Socimi, S.A. As part of consideration, €305 million is paid towards assets of Bonaire Shopping Centre. The transaction will be financed through in-country debt of of €126 million and part of the proceeds of Castellana’s disposal of its shareholding in Lar España, which proceeds were received in December 2024. The expected completion of the transaction is March 13, 2025.
Board Change • Feb 25Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Feb 07Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Lucy Lilley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
분석 기사 • Nov 27Not Many Are Piling Into Castellana Properties Socimi, S.A. (BME:YCPS) Just YetWith a median price-to-earnings (or "P/E") ratio of close to 19x in Spain, you could be forgiven for feeling...
New Risk • Nov 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Dividend is not well covered by earnings (127% payout ratio). Shareholders have been diluted in the past year (14% increase in shares outstanding).
Upcoming Dividend • Nov 26Upcoming dividend of €0.07 per shareEligible shareholders must have bought the stock before 03 December 2024. Payment date: 05 December 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.4%. Lower than top quartile of Spanish dividend payers (5.5%). Higher than average of industry peers (2.7%).
공시 • Oct 02Castellana Properties Socimi, S.A. (BME:YCPS) completed the acquisition of shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda.Castellana Properties Socimi, S.A. (BME:YCPS) entered into a share purchase agreement to acquire shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda for €176.5 million on September 9, 2024. Castellana is entitled to assign its rights under the SPA to a nominee. Castellana will nominate a newly incorporated subsidiary (‘Newco’) as the purchaser. 80% of the shares in Newco will be held by Castellana and 20% of the shares in Newco will be held by RMB Investments and Advisory Proprietary Limited. RMBIA is a company incorporated in the Republic of South Africa within the FirstRand Limited Group. Newco will refinance an existing in-country asset-backed debt package of €72.5 million with existing lenders. The remaining €104 million of the purchase consideration will be funded by a subscription for shares in Newco, of which 80% will be subscribed for by Castellana, using existing cash resources of the Vukile group and 20% will be subscribed for by RMBIA. The Transaction is conditional on the approval by the Lenders of the re-finance of the existing in-country asset- backed debt package, including a change of control of the companies and the release of the Seller from any liabilities relating thereto. Castellana has received binding term sheets from the Lenders in this regard and the funding is only subject to the finalisation of legal agreements. The transaction remains subject to the usual conditions precedent and is expected to close on October 1, 2024. Castellana Properties Socimi, S.A. (BME:YCPS) completed the acquisition of shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda on October 1, 2024.
공시 • Sep 10Castellana Properties Socimi, S.A. (BME:YCPS)concluded a share purchase agreement to acquire shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda for €176.5 million.Castellana Properties Socimi, S.A. (BME:YCPS)concluded a share purchase agreement to acquire shopping centre portfolio acquisition in Portugal from Suitable World, Unipessoal, Lda for €176.5 million on September 9, 2024. Castellana is entitled to assign its rights under the SPA to a nominee. Castellana will nominate a newly incorporated subsidiary (‘Newco’) as the purchaser. 80% of the shares in Newco will be held by Castellana and 20% of the shares in Newco will be held by RMB Investments and Advisory Proprietary Limited. RMBIA is a company incorporated in the Republic of South Africa within the FirstRand Limited Group. Newco will refinance an existing in-country asset-backed debt package of €72.5 million with existing lenders. The remaining €104 million of the purchase consideration will be funded by a subscription for shares in Newco, of which 80% will be subscribed for by Castellana, using existing cash resources of the Vukile group and 20% will be subscribed for by RMBIA. The Transaction is conditional on the approval by the Lenders of the re-finance of the existing in-country asset- backed debt package, including a change of control of the companies and the release of the Seller from any liabilities relating thereto. Castellana has received binding term sheets from the Lenders in this regard and the funding is only subject to the finalisation of legal agreements. The transaction remains subject to the usual conditions precedent and is expected to close on 1 October 2024.
공시 • Jul 13The consortium formed by the Real Estate fund Hines European Real Estate Partners III a fund managed by Hines Interests Limited Partnership and Grupo Lar Inversiones Inmobiliarias, S.A., announce a Voluntary Cash Tender Offer to acquire an remaining 89.85% stake in Lar España Real Estate SOCIMI, S.A. (BME:LRE) for approximately €610 million.The consortium formed by the Real Estate fund Hines European Real Estate Partners III a fund managed by Hines Interests Limited Partnership and Grupo Lar Inversiones Inmobiliarias, S.A., announce a Voluntary Cash Tender Offer to acquire an remaining 89.85% stake in Lar España Real Estate SOCIMI, S.A. (BME:LRE) for approximately €610 million on July 12, 2024. The consideration offered to Lar España’s shareholders consists of €8.10 per share, paid in cash, which implies valuing Lar España’s share capital at approximately €678 million. The Offer price implies a premium of 16% over the closing share price on the day before the Announcement, 17% premium over last 1-month VWAP and 25% premium over last 6-month VWAP adjusted by dividend. The Offer is addressed to effectively 89.85% of the ordinary shares of Lar España, excluding the shares owned by Grupo Lar and Miguel Pereda Espeso (shareholder and Executive Chairman of Grupo Lar), which will contribute their shares to the Offeror after settlement. The Offer is conditional on reaching a minimum level of acceptance that allows the Offeror to gain control, assets perimeter remaining unchanged and no material changes in the net debt/cash position taking the latest publicly available quarterly report as of Q1- 2024. The Consortium will fund the Offer with a combination of equity and external debt financing fully underwritten by reputable banks. The intention of the parties is to further optimize the capital structure of Lar España and to increase leverage to c.60% LTV. Morgan Stanley and AZ Capital are acting as financial advisors and Freshfields Bruckhaus Deringer and Garrigues as legal advisors to the Consortium.
공시 • Jun 18Castellana Properties Socimi, S.A., Annual General Meeting, Jul 17, 2024Castellana Properties Socimi, S.A., Annual General Meeting, Jul 17, 2024. Location: glorieta de ruben dario 3., madrid Spain
Reported Earnings • May 26Full year 2024 earnings released: EPS: €0.22 (vs €0.47 in FY 2023)Full year 2024 results: EPS: €0.22 (down from €0.47 in FY 2023). Revenue: €89.4m (up 7.9% from FY 2023). Net income: €22.4m (down 52% from FY 2023). Profit margin: 25% (down from 56% in FY 2023). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 22Upcoming dividend of €0.04 per share at 4.6% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Spanish dividend payers (5.8%). Lower than average of industry peers (5.3%).
Reported Earnings • Nov 20First half 2024 earnings releasedFirst half 2024 results: Revenue: €35.3m (down 16% from 1H 2023). Net income: €16.2m (down 39% from 1H 2023). Profit margin: 46% (down from 63% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (42% net profit margin). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
공시 • May 18Vukile Property Fund Limited acquired a 9.929078% stake in Castellana Properties Socimi, S.A. for €63.9 million.Vukile Property Fund Limited acquired a 9.929078% stake in Castellana Properties Socimi, S.A. for €63.9 million on May 16, 2023. Vukile Property Fund Limited completed the acquisition of a 9.929078% stake in Castellana Properties Socimi, S.A. on May 16, 2023.
공시 • Jan 19Castellana Properties Socimi, S.A. announced that it has received €15 million in funding from Vukile Property Fund LimitedCastellana Properties Socimi, S.A. announced that it has raised €15 million in a round of funding by Vukile Property Fund Limited on January 18, 2023.
Reported Earnings • Nov 24First half 2023 earnings released: EPS: €0.27 (vs €0.20 in 1H 2022)First half 2023 results: EPS: €0.27 (up from €0.20 in 1H 2022). Revenue: €31.2m (down 16% from 1H 2022). Net income: €26.4m (up 55% from 1H 2022). Profit margin: 85% (up from 46% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Non-Executive Proprietary Director LR Cohen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Jun 14Upcoming dividend of €0.14 per shareEligible shareholders must have bought the stock before 21 June 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Spanish dividend payers (5.7%). Lower than average of industry peers (5.4%).
Reported Earnings • Jun 05Full year 2022 earnings released: EPS: €0.53 (vs €0.37 loss in FY 2021)Full year 2022 results: EPS: €0.53 (up from €0.37 loss in FY 2021). Revenue: €72.6m (up 31% from FY 2021). Net income: €45.7m (up €77.5m from FY 2021). Profit margin: 63% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Non-Executive Proprietary Director LR Cohen was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Jan 28Castellana Properties Socimi, S.A. (BME:YCPS) agreed to acquire 21.7% stake in Lar España Real Estate SOCIMI, S.A. (BME:LRE) from LVS II Lux XII S.à r.l. for €97.1 million.Castellana Properties Socimi, S.A. (BME:YCPS) agreed to acquire 21.7% stake in Lar España Real Estate SOCIMI, S.A. (BME:LRE) from LVS II Lux XII S.à r.l. for €97.1 million on January 27, 2022. Castellana will purchase 18.2 million Lar Espana shares at price of €5.35 per share. Castellana will fund the purchase out of €15 million of available cash and the balance through a shareholder loan of €75 million from Vukile, which will be capitalized before the end of the current financial year ending 31 March 2022 at a price equal to the NAV per share of Castellana. The closing date of the sale and purchase of the subject shares will be January 26, 2022. Vukile forecasts a positive impact on FFO per Vukile share for FY2022 as a result of the transaction and a material positive total return impact in the medium to long-term.
공시 • Jun 23An unknown buyer acquired Two office buildings in Alcobendas (Madrid) and Bollullos de laMitación (Seville) from Castellana Properties Socimi, S.A. (BME:YCPS) €26.5 million.An unknown buyer acquired Two office buildings in Alcobendas (Madrid) and Bollullos de laMitación (Seville) from Castellana Properties Socimi, S.A. (BME:YCPS) for €26.5 million on June 21, 2021. An unknown buyer completed the acquisition of Two office buildings in Alcobendas (Madrid) and Bollullos de laMitación (Seville) from Castellana Properties Socimi, S.A. (BME:YCPS) on June 21, 2021.
Reported Earnings • Jun 04Full year 2021 earnings released: €0.37 loss per share (vs €0.21 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: €58.6m (down 27% from FY 2020). Net loss: €31.9m (down 286% from profit in FY 2020).
분석 기사 • Mar 15Reflecting on Castellana Properties Socimi's (BME:YCPS) Share Price Returns Over The Last YearInvestors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...
Is New 90 Day High Low • Feb 23New 90-day high: €5.70The company is up 3.0% from its price of €5.55 on 24 November 2020. The Spanish market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 4.0% over the same period.
분석 기사 • Jan 20Does Castellana Properties Socimi, S.A. (BME:YCPS) Have A Place In Your Dividend Stock Portfolio?Could Castellana Properties Socimi, S.A. ( BME:YCPS ) be an attractive dividend share to own for the long haul...
