SAINT CROIX HOLDING IMMOBILIER SOCIMI, S.A. Glorieta de Cuatro Caminos 6 y 7. 4ª Planta 28020 Madrid. España
info@saintcroixhi.com
www.saintcroixhi.com
In compliance with the provisions of article 227 of Royal Legislative Decree 4/2015, of October 23, which approves the revised text of the Securities Market Law, the company called SAINT CROIX HOLDING IMMOBILIER, SOCIMI, S.A. ("SCHI" or the "Company") communicates the following.
OTHER RELEVANT INFORMATION
On July 27, 2023, the Board of Directors of the Company was held in which the results of the Company as of June 30, 2023, were approved, among others.
The most relevant aspects are summarized below:
Total revenues as of June 30, 2023, amounted to EUR 15,402,755 an increase of 24% compared to the same period of 2022 with a general increase in revenue across all types of assets:
The hotel segment has increased revenues by 6% between periods.
The office area has increased its revenues by 53%.
Commercial assets have improved their revenues by 5%.
The Net Operating Income (NOI) is positive and amounts to EUR 13,442,683 higher than the previous year by 22%. This increase is due to the improvement in revenues in this period despite the increase in costs associated with leased assets.
EBITDA is positive and amounts to EUR 13,071,812 which implies an improvement of 22% compared to the same period of 2022, due to the increase in activity and the entering into force of the new rental contracts of the new investments carried out.
The net result (profit) as of June 30, 2023, amounted to EUR 6,642,099, which represents a growth of 77% compared to the result obtained at the end of the second quarter 2022. In addition, eliminating the effect of the valuation of the Company's financial investments on the stock market as of June 30, 2023 with a negative impact of EUR 1,265,543, the adjusted and normalized net result as at June 30, 2023 is higher than its comparable of the year 2022 by 10%
The lease portfolio as of June 30, 2023, amounts to EUR 272.212.988 with the mandatory WAULT of said portfolio of 9.09.
During the first semester of 2023, investments in capital expenditure were made for an amount of EUR 17,967,342 highlighting:
Refurbishment works of Isla Canela Golf Hotel, Sexta Avenida Shopping Centre and the construction works of the Meliá Innside Valdebebas Hotel and the Sanitas Valdebebas Hospital.
During the first semester 2023 there has not been relevant sales of properties.
As of June 30, 2023, the Company's real estate assets have an occupancy rate of 91%, with a gross market value of EUR 703,811,401, a NAV of EUR 557,151,547, and an LTV of 21.29%.
Inscrita en el Registro Mercantil de Madrid, Tomo 32756, Folio 1, Hoja M-589.595, Inscripción 1ª, N.I.F.: A-87.093.902
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Madrid, July 27, 2023.
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D. Marco Colomer Barrigón Chairman and Executive Officer
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Saint Croix Holding Immobilier SOCIMI SA published this content on 27 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2023 15:56:27 UTC.
Saint Croix Holding Immobilier SOCIMI SA is a Spain-based company primarily engaged in the operation of hospitality real estate investment trusts (REITs). The Company focuses on the acquisition and development of urban properties for leasing. Its activities are divided into four segments: Hotels, operating touristic properties; Offices, developing real estate properties used for business purposes; Sales, leasing commercial premises, as well as Others, including logistics and distribution facilities. The Company's properties are located in a number of Spanish cities, such as Madrid and Huelva. Furthermore, It operates through various subsidiaries, including Compania Iberica de Bienes Raices 2009 SOCIMI SAU and Inveretiro SOCIMI SA.
SAINT CROIX HOLDING IMMOBILIER, SOCIMI, S.A. 
