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Colonial Forecasts Revenues from Rental Income of €338 Million in 2020

The Socimi expects to see double-digit growth in its earnings per share from 2022.

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Pere Viñolas (left), CEO, accompanied by Juan José Brugera, President of the Socimi.

To mark the celebration of its investor day, the Socimi Colonial has published its forecasts for the remainder of this tax year, as well as for the years ahead.

So far this year, Colonial has sold assets worth 240 million euros; and it expects to complete additional divestments amounting to almost 300 million euros. The Socimi does not rule out making some selective purchases and it explains that its pending developments are progressing at a good pace.

Read the full article in Spanish.

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