The colonial real estate group has registered an increase in the recurring result of double digit thanks to A solid income growth of its prime portfolio, projects delivered and acquisitionsadditionally there has been some Important improvements in the financial result.
At the end of the first semester of the year, The value of the assets amounts to € 11,860 m, registering an increase of +5% regarding the previous year, so the net result of the colonial group ascends € 249 man increase of € 163 m compared to the previous year, which represents an increase of 190% in front of the first part of 2024.
All these positive impacts have allowed to compensate for the reduction of temporary income due to the rehabilitation of two assets in Paris: The renewal program in Haussmann of 12,000m² and the Condorcet urban transformation project of more than 25,000m².
Colonial closes the first semester of exercise 2025 With income from income of € my € my some net income (EBITDA INCOMES) of € 181 M. The income income of the group has grown +2% compared to the same period of the previous year and a +5% in comparable terms «Like for Like», demonstrating the strength of the Prime positioning of the colonial group.
It highlights in particular the increase in the Paris portfolio with a +6% «Like for like» and Madrid with a +4% «Like for like.» The increase in “Like for Like” income is a clear reflection of market polarization towards the best offices product.
Income revenues at the end of the first semester of the year have increased +€ 5 m At the same period of the previous year, this increase is based on a business model supported by:
(1) A clear focus on the best prime product offered in the center of the city and,
(2) The demonstrated ability to create benefit through urban transformation projects.
The value of the assets of the colonial group at the end of the first semester of exercise 2025 amounts € 11,860 (€ 12,521 m including “Transfer Costs”), registering an increase of +5% in 12 months (+2% during the first half of the year).
In terms «Like for Like», the Porfolio de Colonial has revalued a +4% in 12 months ( +2% during the first half of the year).
Colonial closes the first semester of the year 2025 with A solid hiring activity, capturing significant income increases in signed contractsreflex of the solidity of its positioning in the prime offices segment.
In particular, the colonial group has formalized A total of 48 rental contracts corresponding to 87,438m², which represents an increase of +33% Regarding the same period of the previous year.
Of the total signed contracts, 40 correspond to office rentals, reaching a total area of 66,941m².
The net financial debt at the close of the first semester of 2025 is € 4,624 m.
Regarding the financing cost, the colonial group maintains the spot financial cost of its gross financial debt and net financial debt in 1.78% and 1.77%, respectively, all thanks to the Risk Management policy of interest rates.