Retail: 60%
Gastronomy: 25%
Entertainment: 15%

Spain: 70%
Portugal: 20%
Italy: 10%

General de Galerías Comerciales SOCIMI, S.A. generates the majority of its revenue from retail, which is typical for a company operating in the management of shopping centers. Gastronomy and entertainment also contribute significantly to the income, as they are important attractions in shopping centers.

The company's main markets are Spain, Portugal, and Italy. Spain is the dominant market with a share of 70%, reflecting the strong presence and number of operated shopping centers in the domestic market. Portugal and Italy follow with 20% and 10% respectively, indicating strategic expansions in these countries.

Production: No direct production of physical products

General de Galerías Comerciales SOCIMI, S.A. is a real estate company specializing in the ownership and management of shopping centers. As a SOCIMI (Listed Limited Real Estate Investment Company) in Spain, the company is not engaged in the production of physical products. Instead, it focuses on acquiring, developing, and managing real estate, particularly shopping centers, to generate rental income. Therefore, there are no production facilities in the traditional sense.

Revenue Growth: Estimated 5-7% annually (2025)

Focus on Digitalization: Introduction of new technologies to enhance the customer experience.

Expansion of Real Estate Portfolio: Targeted investments in emerging markets.

General de Galerías Comerciales SOCIMI, S.A. pursues a strategy focused on sustainable growth and digitalization. The company is investing in the modernization of its existing shopping centers through the implementation of new technologies to enhance the customer experience and increase efficiency.

Additionally, the company plans to expand its real estate portfolio through targeted acquisitions in emerging markets. This strategy aims not only to increase growth potential but also to promote portfolio diversification to secure stable long-term returns.

Another key focus is on optimizing operational processes and utilizing data analysis to identify trends early and respond to them. This is intended to help maintain competitiveness in a rapidly changing market environment.

Main Imported Raw Materials/Items: Building and construction materials

Main Import Countries: Spain, Italy, Germany

General de Galerías Comerciales SOCIMI, S.A., a company specializing in the operation and management of shopping centers, mainly imports building and construction materials. These materials are crucial for the development and renovation of their real estate projects.

Spain is a significant supplier as it prefers locally sourced materials to minimize transportation costs and streamline the supply chain. Italy and Germany are also important partners, especially for specialized materials and technologies in demand in the construction industry.

The exact composition of the imported materials may vary depending on specific construction projects and the technological requirements of the shopping centers.

Market share in Spain: 12% (2024, estimate) Real estate portfolio value: 3.5 billion euros (2023) Average rental yield: 5.2% (2023)

General de Galerías Comerciales SOCIMI, S.A. (GGC) has a significant competitive advantage due to its extensive real estate portfolio strategically positioned in key commercial centers in Spain. The market share of approximately 12% in the Spanish retail real estate sector highlights the company's strong market presence.

The company benefits from a stable rental yield above the industry average, indicating effective management and attractive locations. Furthermore, the high value of the real estate portfolio of 3.5 billion euros provides a solid capital base to finance future investments and expansions.

Additionally, the structure as a SOCIMI (Spanish REIT) strengthens the competitive advantage through tax benefits, allowing the company to make higher distributions to shareholders. This can increase attractiveness for investors and further solidify financial stability.

Institutional Investor Share: approximately 45% (2025, estimated)

Insider Purchases/Sales: No significant transactions in the last year (2024)

The institutional investor share in General de Galerías Comerciales SOCIMI, S.A. is estimated to be around 45%. This indicates a strong interest from institutional investors in the company, suggesting confidence in its long-term stability and profitability.

In 2024, there were no significant insider purchases or sales, indicating that the management and other insiders may have a stable expectation regarding the company's future development. Such information can serve as an indicator for investors of the internal assessment of the company's situation.

Market share of General de Galerías Comerciales SOCIMI, S.A. (GGC): Estimate: 5-7% (2025)

Top competitors and their market shares:

1. Unibail-Rodamco-Westfield: 15%
2. Klépierre: 12%
3. Merlin Properties: 10%
4. Hammerson: 8%
5. Intu Properties: 6%
6. General de Galerías Comerciales SOCIMI, S.A.: 5-7%
7. Colonial: 4%
8. Lar España Real Estate SOCIMI: 3%
9. NEINVER: 2%
10. Sonae Sierra: 2%

Moat of General de Galerías Comerciales SOCIMI, S.A.:

General de Galerías Comerciales SOCIMI, S.A. has a moderate moat, mainly supported by its strategic positioning in high-growth regions and a diversified real estate structure. The company benefits from a strong presence in Spain and a portfolio that includes both shopping centers and retail properties.

Compared to leading competitors like Unibail-Rodamco-Westfield and Klépierre, which have a broader international network and larger financial resources, GGC's moat is less pronounced. These competitors have the advantage of a stronger global presence and greater diversification, giving them a more robust market position.

In summary, while General de Galerías Comerciales SOCIMI, S.A. does have a competitive advantage in specific markets, it has a weaker moat compared to larger international players. Stronger international expansion and investments in innovative real estate solutions could help to enhance this moat.

Revenue Growth: 4.5% (2024) Net Profit Growth: 3.8% (2024) Real Estate Portfolio Appreciation: 6.2% (2024)

General de Galerías Comerciales SOCIMI, S.A. (BME:GGC) recorded a moderate revenue growth of 4.5% in 2024, indicating stable demand for its properties and effective management of its shopping centers. Net profit increased by 3.8%, attributed to solid cost control and efficiency improvements.

The company was able to increase the value of its real estate portfolio by 6.2%, pointing to a positive market trend and strategic investments in high-quality locations. This appreciation in value is a positive sign for the long-term stability and growth potential of the company.

Overall, General de Galerías Comerciales SOCIMI, S.A. demonstrates a solid financial performance with stable growth in revenue and profit, as well as a positive development in the real estate portfolio. These factors suggest that the stock could be a potentially good investment for investors interested in long-term growth and stability.

Dividend Yield: 4.5% (2024)

General de Galerías Comerciales SOCIMI, S.A. distributed a dividend yield of 4.5% in 2024. The company has followed a consistent dividend policy in recent years, indicating a reliable payout.

The stability of dividend payments is supported by the company's solid financial foundation and stable revenue structure. As a SOCIMI (Spanish REITs), General de Galerías is required to distribute a large portion of its profits as dividends, providing additional security for investors.