Madrid, 9 April 2026
Colonial SFL executes €350m in divestments as of March 2026, reaching 70% of recently announced disposal programmeDuring March 2026, Colonial SFL delivered close to €50m in divestments, including the €24+ million sale of the non-core Tucumán office building in Madrid (non-CBD) and a residential complex in Málaga for over €20 million
Total disposals reach €350m year-to-date, including the €242m transaction in Paris
and additional residential assets sales completed earlier in the year
The disposal programme is progressing ahead of schedule, with 70% of total divestments already secured within four months of its announcement
Transactions have been executed at attractive pricing, with prices above appraisal values, demonstrating strong pricing discipline
These disposals highlight Colonial SFL's ability to efficiently execute its capital rotation
strategy in line with its capital allocation framework
Colonial SFL is ahead of schedule in its disposal programme, having executed €350m in divestments (70% of total) at attractive terms, while maintaining financial discipline in line with its announced capital allocation framework
More recently, Colonial SFL completed the disposal of the Tucumán office building in Madrid (non-CBD) for over €24 million, reflecting continued strong execution of its portfolio rotation strategy
The sale of Tucumán has been complemented by additional residential disposals, including the divestment of Pacífico Viviendas in Málaga for over €20 million, as well as further transactions in Madrid (Paseo de la Castellana 157 and Euterpe).
Since the FY 2025 results release, Colonial SFL has executed over €45 million of non-core asset disposals at values above appraisal levels, bringing total disposals to €350 million, equivalent to 70% of the announced programme, delivering ahead-of-plan.
Momentum in the remaining disposal programme remains strong, supported by the attractive dynamics of the Spanish residential market and its high liquidity
In this regard, Juan Manuel Ortega, Chief Investment Officer of Colonial SFL, stated that the disposals "These disposals reflect our disciplined approach to portfolio management, enabling us to crystallize value from mature assets while delivering progress on our disposal programme. This execution reinforces our capital rotation strategy and our focus on optimizing portfolio quality".
About Colonial SFL
Colonial SFL is the leading platform in the prime commercial real estate market in Europe, with a presence in the main business areas of Barcelona, Madrid and Paris. It owns a unique portfolio of commercial properties totaling more than 1 million square meters, with a gross asset value exceeding €12.0 billion. The Group follows a dedicated long-term strategy focused on value creation through a high-quality client portfolio and asset appreciation. Looking ahead, Colonial SFL will continue to lead the urban transformation of city centers in the European market, recognized for its expertise and professionalism, financial strength and profitability, while providing excellent sustainable real estate solutions adapted to the needs of its clients.
For more information: Roman
Xavier Ribó - 669486003 - x.ribo@romanrm.com Estela López - 654741683 - e.lopez@romanrm.com
COLONIAL SFL https://www.colonial-sfl.com/