Colonial generated revenues of more than 615 million euros in a difficult year for real estate companies specialising in office assets. The Socimi, which owns assets in Barcelona, Madrid and Paris (through SFL), obtained proceeds of 617 million euros in 2020 thanks to the divestments included in its Alpha IV and V divestment plans.
In total, the Socimi sold 17 secondary assets in 2020 and early 2021 for more than 617 million euros, which represents a premium of 11% compared to the valuation of those assets carried out before the pandemic.
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