Zambal Spain Socimi Sa · BME:YZBL

Zambal Spain Socimi Sa — Shareholder Meeting (June 2025)

19 slides from Zambal Spain Socimi Sa's shareholder meeting presentation, Jun 18, 2025

  1. Slide 1: Otra Información Relevante - Zambal Spain Socimi

    OTRA INFORMACIÓN RELEVANTE ZAMBAL SPAIN SOCIMI, S.A. 18 de junio 2025 En virtud de lo previsto en el artículo 17 del Reglamento (UE) nº 596/2014 sobre abuso de mercado y en el artículo 227 de la Ley 6/2023, de 17 de marzo, de los Mercados de Valores y de los Servicios de Inversión, y disposiciones c

  2. Slide 2: General Shareholders Meeting 18th June 2025

    General Shareholders Meeting 18th June 2025 1

  3. Slide 3: 1. Business Highlights

    1. Business Highlights More than €1,235M invested since 2013 in Spain 280,132 sqm GLA ~81.4% Portfolio Occupancy Limited recourse to bank financing undisposed credit facility of €75M Current External RICs Valuation of Portfolio (31/12/2024): €1,001M 2

  4. Slide 4: 1. Business Highlights

    1. Business Highlights ~95% of the portfolio’s GLA being office space Lease agreements focused on high- profile corporate tenants Multidisciplinary management team with a wide experience in the sector At least 80% profit-distribution as dividends as per SOCIMIs Legislation Net Operating Income (NOI)

  5. Slide 5: 1. Who are we?

    1. Who are we? • Zambal Spain Socimi S.A. (hereinafter Zambal) is an investment vehicle created in 2013. Zambal’s purpose is to invest and subsequently manage prime real estate assets in well-consolidated markets. • Zambal has resolved to expand into new asset classes and markets, with investments c

  6. Slide 6: 2. 2024 Summary

    2. 2024 Summary 1) Zambal 2024’s Higlights: I. During 2024, net rental income increased by €4.3 million, primarily due to higher rents stemming from the acquisition of 100% of the shares of Bato Real Estate, S.L. on December 15th, 2023. This company owns an office building at Francisco Gervás 10, cu

  7. Slide 7: 3.1. Portfolio Evolution

    3.1. Portfolio Evolution Portfolio Evolution 1.050 Millions 1.000 950 900 850 800 750 Valuation - December 2021 Valuation - December 2022 Valuation - December 2023 Valuation - December 2024 Acquisition value Market value RICS valuations by an external expert. “Acquisition value” not include any CAPE

  8. Slide 8: 4. Assets Acquired in 2013

    4. Assets Acquired in 2013 AVDA. DE SAN LUIS 25 (Madrid) OFFICE BUILDING  Acquisition Date: September 2013  GLA: 16,889 sqm + 403 parking units  Tenant: UNEDISA (RCS Media Group) The building is located in the north of Madrid between the M-30 and M-40 satellite highways and has direct access to t

  9. Slide 9: 4. Assets Acquired in 2014

    4. Assets Acquired in 2014 PRINC BUILDING (Madrid) OFFICE BUILDING  Acquisition Date: June 2014  GLA: 9,798 sqm + 187 parking units  Tenant: ENAGAS Located in the Embajadores neighborhood of Madrid, which is enjoying sustainable growth thanks to the Madrid Río urban park and the Mahou beer maker,

  10. Slide 10: 4. Assets Acquired in 2015

    4. Assets Acquired in 2015 AVDA. DE BURGOS 118 (Madrid) OFFICE BUILDING  Acquisition Date: January 2015  GLA: 11,682 sqm + 495 parking units (*)  Tenant: BMW A standalone building located in a prestigious business park at the junction of the A-1 and M-11 highways, adjacent to the future extension

  11. Slide 11: 4. Assets Acquired in 2016

    4. Assets Acquired in 2016 AVDA. DE MANOTERAS 40 (Madrid) LEISURE CENTRE  Acquisition Date: May 2016  GLA: 12,923 sqm + 980 parking units  Tenant: Multi Tenant (Main tenant CINESA-AMC) The Manoteras Leisure Centre, located in the North periphery of Madrid, with its façade fronting directly onto t

  12. Slide 12: 4. Assets Acquired in 2017

    4. Assets Acquired in 2017 SANTIAGO DE COMPOSTELA 96 (Madrid) OFFICE BUILDING  Acquisition Date: November 2017  GLA: 14,731 sqm + 182 parking units  Tenant: Audiencia Provincial de Madrid Office building located on the M-30, in the northwest area of Madrid. The property consists of 14 floors abov

  13. Slide 13: 4. Assets Acquired in 2018

    4. Assets Acquired in 2018 NOVUS BUILDING – AV. FUENTE DE LA MORA 1 (Madrid) OFFICE BUILDING CENTRE  Acquisition Date: October 2018  GLA: 42,945 sqm + 561 parking units  Tenant: NTT Data HQ, Hilti and Eurest Grade A office building located in Camino Fuente de la Mora 1, in Manoteras business area

  14. Slide 14: 4. Assets Acquired in 2023

    4. Assets Acquired in 2023 FRANCISCO GERVÁS 10 (Madrid) OFFICE BUILDING CENTRE  Acquisition Date: December 2023  GLA: 7,954 sqm + 168 parking units  Tenant: Madrid Community Building near Paseo de la Castellana, with an area of 7,954 square meters, distributed over 14 floors above ground and thre

  15. Slide 15: 5. Financial Information

    5. Financial Information (€'000) Balance sheet 31/12/2024 31/12/2023 Variance % Variance Non-current assets 842,564 846,745 (4,181) (0.49%) Property, Plant & Equipment (PPE) 948 - 948 100.00% Investment properties 831,598 840,009 (8,411) (1,00%) Long-term investments 10,018 6,736 3,282 48,72% Curren

  16. Slide 16: 5. Financial Information

    5. Financial Information (€'000) Balance Sheet 31/12/2024 31/12/2023 Variance % Variance Equity 785,882 781,448 4,434 0.57% Share capital 646,006 646,006 - 0.00% Share Premium 66,522 66,522 - 0.00% Reserves 46,395 43,768 2,627 6,00% Treasury shares (670) (613) (57) 9.46% Profit/(loss) for the year 2

  17. Slide 17: 5. Financial Information

    5. Financial Information (€'000) Income Statement 31/12/2024 31/12/2023 Variance % Variance Incomes 62,940 58,840 4,100 6.97% Total Revenue 62,940 58,840 4,100 6.97% Staff Costs (255) (255) - - Other Operating Expenses (17,101) (16,535) (566) (3.42%) Fixed Asset Depreciation (16,013) (14,464) (1,549

  18. Slide 18: 5. Financial Information

    5. Financial Information €'000 31/12/2024 31/12/2023 Income 62,940 58,840 EBITDA* 45,631 41,374 Investment Properties (IP) & PPE 832,546 840,009 % EBITDA / IP 5.48% 4.93% (**) * EBITDA is calculated as Operating Result - Fixed Asset Depreciation - Impairment ** The acquisition of Bato toke place on

  19. Slide 19: 6. Disclaimer

    6. Disclaimer This presentation has been prepared by Zambal Spain Socimi, S. A. (the Company) for informational use only. The information contained in this presentation does not purport to be comprehensive or to contain all the information that a prospective purchaser of securities of the Company ma

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