HELIOS RE SOCIMI, S.A.
8.29
EUR
0.00
(0.00%)
ISIN
ES0105015012
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
47.04
81.12
5Y
57.51
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Miguel Pereda Espeso
- Full Time Employees
- 3
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Madrid Spain
- IPO Date
- Mar 6, 2014
- Website
- larespana.com
- Similar Companies
- Business
- HELIOS RE SOCIMI, S.A., operating commercially as HLRE Socimi, is a Spain-based real estate investment trust (SOCIMI) specializing in the acquisition, development, active asset management, and operation of prime retail properties. Founded in 2014 and headquartered in Madrid, Spain, the company focuses on generating stable rental income and long-term capital appreciation across its commercial property portfolio. HELIOS RE SOCIMI structures its business activities into systematic operational segments and service lines, which include the acquisition and ownership of dominant regional shopping centers; development and management of large-scale retail parks; commercial property leasing and tenant mix optimization for fashion retailers, food and grocery chains, consumer electronics stores, leisure facilities, and food and beverage operators; proactive property management and architectural repositioning; long-term lease contract administration and tenant relationship management; and environmental sustainability, energy efficiency, and operational resilience management. The company conducts its geographic operations across key commercial regions in Spain, holding prominent assets such as Lagoh in Seville, Gran Vía de Vigo in Pontevedra, Albacenter in Albacete, Portal de la Marina in Alicante, Ànecblau in Barcelona, El Rosal in León, As Termas in Lugo, and VidaNova Parc in Sagunto. In recent corporate developments, the company underwent a major restructuring following a voluntary takeover bid launched by a joint venture between real estate investment firm Hines (through Hines European Real Estate Partners III) and Grupo Lar. Following the successful takeover and subsequent squeeze-out of minority shareholders, the company completed a reverse merger between Lar España Real Estate SOCIMI, S.A. and its holding vehicle, officially rebranding the entity as HELIOS RE SOCIMI, S.A. and listing its shares on the BME Scaleup trading platform under the ticker SCHLR. In support of its capital structure and growth strategy, the company secured an 810 million euro refinancing facility backed by a syndicate of financial institutions, including Morgan Stanley and Banco Santander. Concurrently, HELIOS RE SOCIMI implemented a strategic asset rotation program, completing the divestment of non-core properties including the Txingudi and Las Huertas retail centers, as well as the 254 million euro sale of the MegaPark Barakaldo retail park to NEPI Rockcastle. The company also strengthened its operational quality standards by securing SHORE Gold risk management and property resilience certifications for key flagship centers, maintaining its strategic focus on prime retail asset management under the sponsorship of Hines and Grupo Lar.