Saint Croix Holding Immobilier, SOCIMI, S.A. Announces Earnings Results for the First Nine Months Ended September 30, 2016
October 27, 2016
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Saint Croix Holding Immobilier, SOCIMI, S.A. announced earnings results for the first nine months ended September 30, 2016. For the first nine months, the company announced income of EUR 13,003,490 compared to EUR 13,703,670 for the same period a year ago. EBITDA was EUR 11,742,614 compared to EUR 12,107,294 for the same period a year ago. EBT was EUR 10,466,673 compared to EUR 12,841,925 for the same period a year ago. Net profit was EUR 10,466,673 compared to EUR 12,841,925 for the same period a year ago. NAV per share was EUR 80.67 compared to EUR 75.45 for the same period a year ago. Net financial debt at 30 September 2016 was EUR 46,868,750.
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. 
