- Business
- Colonial SFL SOCIMI SA, formerly Inmobiliaria Colonial SOCIMI SA, operates as a Spanish real estate investment trust specializing in the ownership, management, development, renovation and rental of premium office buildings and mixed-use properties in prime central business districts. The company maintains a high-quality portfolio exceeding 1.6 million square meters with a market value of approximately EUR 13.8 billion, concentrated in Barcelona, Madrid and Paris; its core offerings encompass Grade-A office rentals in traditional and flexible formats including coworking spaces, urban transformation projects via platforms such as Alpha X, science and innovation facilities through Deeplabs, and ancillary residential and commercial assets. Founded in 1946 and headquartered in Barcelona, Spain, Colonial SFL targets corporate tenants and high-growth sectors across Spain and France, delivering sustainable real estate solutions with a focus on long-term value creation and asset appreciation. In a transformative development completed on October 1, 2025, the company finalized its cross-border merger with 98%-owned subsidiary Société Foncière Lyonnaise, absorbing SFL's assets, adopting the Colonial SFL name, delisting SFL from Euronext Paris and exchanging shares at a 1:13 ratio to streamline operations and accelerate pan-European growth. Recent strategic moves include a EUR 200 million recapitalization of Stoneshield Capital's Deeplabs platform for science and innovation campuses in Madrid and Barcelona targeting 15% levered IRR, CriteriaCaixa's 2024 capital increase raising its stake to 17% via EUR 622 million in cash and assets, and ongoing disposal programs exceeding EUR 700 million to optimize capital structure. Subsidiaries such as Inmocol Torre Europa SA support engineering and property management, while the group upholds a BBB+ credit rating from S&P, bolstering its position as a leader in European prime offices.