Board Change • May 20
Less than half of directors are independent No 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 17
Less than half of directors are independent No 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. Announcement • Mar 19
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. 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. Announcement • Feb 04
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. 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. Announcement • Jan 30
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. 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 07
Less than half of directors are independent No 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 01
Less than half of directors are independent There 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 05
Less than half of directors are independent There 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 13
Less than half of directors are independent There 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 29
Less than half of directors are independent There 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 14
Full year 2025 earnings released Full year 2025 results: Revenue: €82.9m (down 7.3% from FY 2024). Net income: €90.8m (up 305% from FY 2024). Announcement • Jun 13
Castellana Properties Socimi, S.A., Annual General Meeting, Jul 16, 2025 Castellana Properties Socimi, S.A., Annual General Meeting, Jul 16, 2025. Location: glorieta de ruben dario 3., madrid Spain Board Change • Jun 12
Less than half of directors are independent There 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 02
New minor risk - Financial data availability The 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 09
Less than half of directors are independent There 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 11
New minor risk - Shareholder dilution The 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 04
Less than half of directors are independent There 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. Announcement • Mar 12
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. 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 25
Less than half of directors are independent There 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 07
Less than half of directors are independent There 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 • Nov 26
New minor risk - Shareholder dilution The 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 26
Upcoming dividend of €0.07 per share Eligible 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%). Announcement • Oct 02
Castellana 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. Announcement • Sep 10
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. 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. Announcement • Jul 13
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. 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. Announcement • Jun 18
Castellana Properties Socimi, S.A., Annual General Meeting, Jul 17, 2024 Castellana Properties Socimi, S.A., Annual General Meeting, Jul 17, 2024. Location: glorieta de ruben dario 3., madrid Spain Reported Earnings • May 26
Full 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 22
Upcoming dividend of €0.04 per share at 4.6% yield Eligible 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 20
First half 2024 earnings released First 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 18
New minor risk - Earnings quality The 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). Announcement • May 18
Vukile 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. Announcement • Jan 19
Castellana Properties Socimi, S.A. announced that it has received €15 million in funding from Vukile Property Fund Limited Castellana 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 24
First 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 16
Less than half of directors are independent No 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 14
Upcoming dividend of €0.14 per share Eligible 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 05
Full 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 27
Less than half of directors are independent There 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. Announcement • Jan 28
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. 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. Announcement • Jun 23
An 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 04
Full 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). Is New 90 Day High Low • Feb 23
New 90-day high: €5.70 The 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.