Pere Viñolas
CEO
Replay available
Inmobiliaria Colonial SOCIMI (OTC: IMQCF) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.

CEO
Chief Corporate Development Officer
Chief Financial Officer
Analyst, Goldman Sachs
Analyst, Oddo
Analyst, Bernstein
Analyst, Barclays
Analyst, Kempen
Analyst, Alantra
Analyst, Barda
Analyst
ladies and gentlemen welcome to colonial sfl full year 2025 results presentation the management of the company will run you through the presentation that will be followed by a question and answer session you can ask a question by phone by pressing star 5 on your telephone keypad I would now like to introduce Mr. Pere Viñolas, CEO of Inmobiliaria Colonial SFL. Please, sir, go ahead. Thank you. Good afternoon. This is Pere Viñolas speaking. Welcome to the 2025 full year results presentation. It is a pleasure to share with you the results of the company for 2025. We are going to run you through this immediately. There are two things that we would like to do today. One is report to you these results, this excellent set of results. Second, also inform you about relevant matters, recent events, and the strategic framework that the company is using to run ahead. It's strategy. I'm on page four. of the presentation. So let me start you directly with the highlights of the results of our company for 2025. As you will see, we believe that these are outstanding operating results with solid execution of the disposal program. Main highlights. In terms of cash flow and cash flow growth, We are presenting a total gross rental income of 399 million for 2025, with a very impressive 6% like for like growth attached to this. EPRA earnings of 211, 9% more, and an EPRA EPS of 33.6, that is confirming the guidance that we've been sharing with the market in the past. In order to produce this cashflow growth, we've been able to deliver an excellent operational outperformance. Rental growth in terms of ERB growth is 7% year on year, life for life. It's particularly remarkable that this 7% becomes a 9% if we talk about Paris. The release spread is 8% year on year for the group, 16% in Paris. A...