Last updated: June 1, 2022, 3:29 p.m.
Data collected from Elaia Investment Spain and MAB | Financial info from 2019

Elaia Investment Spain, Socimi, S.A. (“EIS”) is a Spanish real estate investment vehicle (REIT) focused on tourism real estate assets and subject to the SOCIMI spanish tax regime.

EIS was set up in December 2015 and manages a portfolio composed of tourism and residential assets, valuing more than €192.5 millions as at June 30th, 2018. The company was floated on the Spanish stock exchange (MAB) during the last quarter of 2017.

EIS has an initial investment target of €280 millions allocated between tourism properties (80%) and residential properties (20%) in Spain. As of today, the portfolio is composed of 15 assets for a total committed investment cost of €212 millions.

Since the beginning of its activity, EIS has been implementing a value generation strategy, including repositioning the acquired assets by refurbishment projects, just like the implementation of partnerships with top-tier European operators. In August 2017, Batipart Immo Long Terme (Batipart Group) has acquired from Eurosic a 66% stake in EIS, thus becoming its major shareholder. This operation will enable EIS to pursue its investments and become a reference player on the Spanish tourism real estate market.
Player Type
REITS
Last Quotation
10.0€
Capitalization
112.924.000€
Gross Asset Value
212.700.000€
Ebitda
6.268.593€
Net earnings
5.198.251€
Main Listed Market
MAB
Number of Shares Issued
11.292.420
Free Float
1.0 %
Number of assets
8
Legal Domicile
Spain
Philippine Derycke

Philippine Derycke

Chairman of the Board & CEO

Yan Perchet

Yan Perchet

Non-executive Director

Nicolas Ruggieri

Nicolas Ruggieri

Non-executive Director

Raphael Andrieu

Raphael Andrieu

Non-executive Director

Jean Louis Charon

Jean Louis Charon

Non-Executive Independent Director

Nicolas Boulet

Nicolas Boulet

Non-executive Director

Jean-Pierre Quatrhomme

Jean-Pierre Quatrhomme

Non-executive Director

Alain Ansaldi

Alain Ansaldi

Non-Executive Independent Director

Javier Gomez Ramos

Javier Gomez Ramos

Secretary of the Board (non-executive)

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