General de Galerias Comerciales SA
BBME:GGC161.00
EUR
0.00
(0.00%)
ISIN
ES0105195004
Return %
Stock
S&P 500
1Y
13.38
14.20
3Y
13.38
81.12
5Y
- -
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
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in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Semi-annual Revenue
EUR
•
in mil. unless spec.Semi-annual Earnings Per Share
EUR
•
in mil. unless spec.Semi-annual Dividends Per Share
EUR
•
in mil. unless spec.Company Description
- CEO
- Tomás Olivo López
- Full Time Employees
- 153
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Marbella Spain
- IPO Date
- Jun 30, 2017
- Website
- generaldegalerias.com
- Similar Companies
- Business
- General de Galerias Comerciales SOCIMI SA is a Spain-based real estate investment trust (REIT) primarily engaged in the acquisition, development, ownership, leasing, and management of large-scale commercial real estate properties. Founded in 1995 and headquartered in Madrid, Spain, the company operates across key regions throughout Spain, including Andalusia, the Community of Madrid, Catalonia, the Region of Murcia, and the Canary Islands. The company focuses on owning and operating a prime portfolio of regional shopping malls and retail parks, structuring its offerings into commercial asset development, leasing, and comprehensive property management services. Its core product and service portfolio comprises the long-term leasing and commercial management of retail spaces to international and domestic fashion, footwear, electronics, sports, and home decor brands; the provision of large-format retail spaces for hypermarkets, supermarkets, and department stores; the operation and management of leisure, entertainment, and dining complexes, including multi-screen movie theaters, bowling facilities, and themed restaurant areas; the rental of service-oriented commercial premises, such as financial institutions, health and beauty clinics, and telecommunications centers; and the delivery of auxiliary property services, including structured parking management, facility maintenance, 24-hour security, energy efficiency management, and common area advertising and promotional marketing. Key assets within its portfolio include major shopping destinations such as La Cañada in Marbella, Gran Plaza 2 in Majadahonda, Nevada Shopping in Granada, Mataró Parc in Barcelona, Mediterráneo in Almería, Las Dunas in Sanlúcar de Barrameda, Parque Almenara in Lorca, Dos Mares in San Javier, and El Mirador Shopping in Las Palmas de Gran Canaria. In recent operational developments, General de Galerias Comerciales SOCIMI SA has executed strategic asset enhancement and portfolio modernization initiatives across its property network. The company completed a major repositioning and expansion of the Gran Plaza 2 shopping center in Madrid, developing a comprehensive outdoor dining and leisure zone known as Los Jardines de Gran Plaza 2 to increase foot traffic and dwell time. The company has also advanced gross leasable area expansion projects and modernization programs across flagship centers, including Mataró Parc and Nevada Shopping, aimed at integrating new retail operators and experiential leisure formats. Furthermore, the company has expanded its strategic land reserves through acquisitions of prime development plots in high-growth urban corridors such as Valdebebas in Madrid. Operationally, the firm has accelerated sustainability programs by installing rooftop photovoltaic solar energy generation systems across its commercial centers and deploying extensive electric vehicle charging infrastructure across its parking facilities.