Company Profile For InmobilIaria Colonial, S.A.

InmobilIaria Colonial, S.A. (COL.MC) (Madrid SE C.A.T.S.)

sector: Financials · industry: Real Estate Operations ·

As of 24 Nov 2009

0.15EUR

Price Change

-0.00

Percent Change

-1.33%

Analyst Recommendations

Overview

Inmobiliaria Colonial SA is a Spanish company engaged in the real sector. The Company’s activities include the acquisition, development and management of non-residential properties primarily for rental purposes. The Company has in its portfolio a number of office-buildings located in Madrid, Barcelona and Paris. Through Riofisa SAU, the Company is involved in the management and development of shopping centers located in Romania and Bulgaria. In addition, it is also involved in the housing development business in Spain. The Company owns such subsidiaries as Societe Fonciere Lyonnaise SA, Urbaplan 2001 SAU, Subirats-Coslada-Logistica SLU, Inversiones Tres Cantos SL, Entrenucleos DI SL, Dehesa de Valme SL, Torre Marenostrum SL, Inversiones Notenth SL, Inmocaral Servicios SAU, Diagonal Les Punxes 2002 SLU and Colren SLU, among others.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Inmobiliaria Colonial SA's total revenue decreased 10% to EUR596.9M. Net loss from continuing operations decreased 75% to EUR260.5M. Total revenue reflects a decrease in demand for the Company's products and services mainly in the Promotion and Land Sale business segments. Lower net loss from continuing operations reflects significantly lower financial expenses.