Saint Croix Holding Immobilier SOCIMI SA

Saint Croix Holding Immobilier SOCIMI SA is a real estate company specialized in the investment and development of leased urban real estate properties. Majority owned by Pryconsa Group, a family real estate company with almost 60 years of experience in the Spanish real estate market, the company is currently based in Madrid and listed in the Luxemburg stock exchange market. The company's main activity revolves around the acquisition, active management, operation, and selective rotation of quality real estate assets in the Spanish real estate market. With a portfolio that includes more than 40 real estate assets and 157,364 sqm located in Spain, valuated at approximately €563 million (Gross Asset Value as of 31 December 2020), the assets are distributed into Retail (34.8%), Offices (32.2%), Hotels (25.3%), Logistic (3.5%), and a plot of land for future development (4.2%). The company's annual rental income is around €26 million with a high quality of tenants and an occupation rate of 93%. Additionally, the weighted average unexpired lease term (WAULT) is 7.6 years. Saint Croix Holding Immobilier SOCIMI SA boasts a very strong financial situation with a Loan to Value Rate (LTV) of less than 17%. The company is constantly seeking new acquisitions, focusing mainly on Core, Core +, and Value-Add projects where they have a very good track record and expertise. The company operates within the Prop Tech and Real Estate industries.