The company's main activities include leasing real estate for tertiary use (approximately 70% of GAV, mainly offices) and development of tertiary assets and residential properties. The company demonstrated strong momentum with last twelve months revenue of €216.09M, up 50.32% year-over-year as of Q3 2025.
Cyborg Score Rationale
The company achieved 71.73% quarterly growth in Q3 2025 with TTM revenue reaching €216.09M, up 50.32% year-over-year. The company maintains a low and conservative dividend payout ratio of 20% while distributing 36% of free cash flow, indicating sustainable dividend practices. Strategic positioning in high-demand office and residential segments provides competitive advantages.
Top Insights
Q3 2025 showed exceptional 71.73% quarterly growth with TTM revenue of €216.09M, up 50.32% YoY
The company offers an attractive 3.18% dividend yield
Long-term dividend growth averaging 15% per year over the past 10 years demonstrates consistent shareholder returns
Operations span major Spanish regions including Córdoba, Málaga, Cádiz, Madrid, Huelva, and Seville
Named Competitors
Spanish Real Estate Development — Competing in residential and commercial office development and management sectors
Recent Developments
(Mar 2026) Earnings report scheduled for March 4, 2026