Spanish REIT (SOCIMI) owning prime Madrid and Barcelona office towers, created by Philippine conglomerate Alliance Global's Andrew Tan.
Spanish REIT (SOCIMI) owning prime Madrid and Barcelona office towers, created by Philippine conglomerate Alliance Global's Andrew Tan.
Collects rent from corporate tenants of a few large office towers, so income depends on occupancy and renewals in a small number of buildings. Philippine conglomerate Alliance Global, led by Andrew Tan, is its parent, and under Spanish SOCIMI rules it must distribute most of its profit.
In one line: A single-market, trophy-office REIT.
Moat: narrow (installed base, scale). Owns some of Madrid/Barcelona's most prominent office towers, a small but trophy-quality portfolio.
Headquarters: Madrid, Spain · Founded: 2019
Size Emperador Properties SOCIMI (YEPSA.MC) is a Spain Real Estate company (Real Estate Investment Trusts) with a market value of $1.44B, the 62nd largest of 97 Spain companies the cockpit tracks. Shares closed at €10.60 on 6 Nov 2026.
Performance Over six months the shares gained 14.0%, against -5.8% for the median peer and +8.2% for the Spain market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 7.4% over the last twelve months (peer median +3.0%); the operating margin is 45.5% (peer median 51.2%).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | €36.9M | €34.4M | €32.9M | €22.3M |
| Revenue growth | — | +7% | +4% | +48% | — |
| Gross profit | n/a | €17.2M | €19.1M | €17.1M | €11.8M |
| EBITDA | n/a | €24.8M | €19.2M | €17.8M | €12.8M |
| Net income | n/a | -€6.86M | €6.62M | -€6.20M | -€719,000 |
| Free cash flow | n/a | €7.21M | €14.0M | €6.51M | €9.03M |
| Capital expenditure | n/a | €0 | €0 | €0 | €0 |
| Total debt | n/a | €495M | €306M | €314M | €324M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Emperador Properties SOCIMI YEPSA.MC | $1.44B | +14% | +7% | 46% | n/a | n/a |
| Colonial SFL SOCIMI COL.MC | $3.58B | -2% | +4% | 76% | n/a | n/a |
| MERLIN Properties SOCIMI MRL.MC | $8.05B | -23% | +13% | 71% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | YEPSA.MC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | 0.0% | +0.5% | 10th lowest of 21 |
| 6-month return | +14.0% | -5.8% | 2nd highest of 21 |
| Distance from 52-week high | 0.0% | -17.8% | highest of 21 |
| Revenue growth (TTM) | +7.4% | +3.0% | 6th highest of 20 |
| Operating margin | 45.5% | 51.2% | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Emperador Properties SOCIMI YEPSA.MC | Spain | $1.44B | +14% | +7% | 46% | n/a | n/a | n/a |
| LaSalle LOGIPORT REIT 3466.T | Japan | $1.45B | -10% | +71% | 28% | n/a | n/a | n/a |
| Lendlease Global Commercial REIT JYEU.SI | Singapore | $1.44B | -3% | +4% | 67% | n/a | n/a | n/a |
| Centurion Accommodation REIT 8C8U.SI | Singapore | $1.45B | -3% | -69% | 51% | n/a | n/a | n/a |
| Ellington Financial EFC | United States | $1.45B | -17% | +30% | 81% | n/a | n/a | n/a |
| Empire State Realty OP LP Series ES ESBA | United States | $1.46B | -6% | +2% | 16% | n/a | n/a | n/a |
| CBL & Associates Properties CBL | United States | $1.46B | 0% | +9% | 28% | n/a | n/a | n/a |
| CNAMC China Resources Commercial Asset Closed Infrastructure Real Estate Investment Trust 180601.SZ | China | $1.41B | -6% | n/a | n/a | n/a | n/a | n/a |
| Ingenia Communities INA.AX | Australia | $1.48B | +36% | +8% | 29% | n/a | n/a | n/a |
| MORI TRUST REIT.Inc 8961.T | Japan | $1.48B | -13% | -14% | 64% | n/a | n/a | n/a |
| OUE Real Estate Investment Trust TS0U.SI | Singapore | $1.50B | -5% | +7% | 73% | n/a | n/a | n/a |
| Killam Apartment REIT KMP-UN.TO | Canada | $1.51B | -3% | +5% | 63% | n/a | n/a | n/a |
| Innovative Industrial Properties IIPR | United States | $1.51B | -4% | -4% | 47% | n/a | n/a | n/a |
| Japan Logistics Fund 8967.T | Japan | $1.52B | -8% | +3% | 53% | n/a | n/a | n/a |
| Mori Hills Reit Investment 3234.T | Japan | $1.36B | -14% | -1% | 54% | n/a | n/a | n/a |
| AEON REIT Investment 3292.T | Japan | $1.36B | -19% | +1% | 35% | n/a | n/a | n/a |
| Comforia Residential REIT 3282.T | Japan | $1.36B | -20% | +17% | 41% | n/a | n/a | n/a |
| Supermarket Income REIT SUPR.L | United Kingdom | $1.54B | +4% | -7% | 81% | n/a | n/a | n/a |
| Esr-reit 9A4U.SI | Singapore | $1.33B | -14% | +5% | 71% | n/a | n/a | n/a |
| American Assets Trust AAT | United States | $1.32B | +2% | -8% | 24% | n/a | n/a | n/a |
| Global Net Lease GNL | United States | $1.58B | -26% | -30% | 35% | n/a | n/a | n/a |