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Inmobiliaria Colonial, SOCIMI, S.A. (0RID.IL)

IOB - IOB Delayed price. Currency in EUR
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5.49+0.03 (+0.46%)
At close: 05:54PM GMT
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Previous close5.46
Open5.44
Bid5.34 x 0
Ask5.61 x 0
Day's range5.43 - 5.51
52-week range4.82 - 6.74
Volume300,065
Avg. volume318,715
Market cap2.915B
Beta (5Y monthly)1.22
PE ratio (TTM)N/A
EPS (TTM)-1.30
Earnings dateN/A
Forward dividend & yield0.25 (4.74%)
Ex-dividend date04 Jul 2023
1y target estN/A
  • Reuters

    Spain's Colonial swings to $1.1 billion loss as property values drop

    Spanish real estate group Inmobiliaria Colonial on Thursday reported a net loss of 1.02 billion euros ($1.10 billion) for the full year 2023, brought about by a 9% drop in the value of its assets due to higher interest rates. The company had made a net profit of 8 million euros in 2022. Real estate companies such as Colonial and its peer Merlin Properties earn profit on the rental of their assets and have to include in their results the impact of an updated valuation of their properties conducted every six months.

  • Reuters

    Spain's Colonial says property value falls not over as posts loss

    (Reuters) -Spain's Inmobiliaria Colonial swung to a net attributable loss of 299 million euros ($320 million) for the first nine months of the year on Thursday, hit by a drop in the value of its assets. The Barcelona-based real estate group had reported a profit of 398 million euros in the same period a year earlier. Colonial Chief Executive Pere Vinolas said in a call with journalists that the asset revaluation process, which was weighing on property prices, was not over yet.

  • Reuters

    Spanish property group Colonial sinks to loss as asset values fall

    Spain's real estate group Inmobiliaria Colonial reported on Thursday a first-half net loss of 347 million euros ($381.53 million), hit by a 3% downward revision of the value of its assets. Central banks' monetary policy tightening has put the real estate sector under pressure since the second half of last year, slowing down investments in properties. With government bonds offering higher yields due to high interest rates, investors are demanding higher returns on real estate assets, driving down their values.