04. BUSINESS DIVISIONS

Property management: Testa

Edificio L'Oreal, Josefa Valcárcel, 48. Madrid; Hotel Eurostars Gran Madrid.

Testa, a leader in its sector, boasts a portfolio of top-level, prime-location properties leased to large companies and major clients. This enables the company to maintain its long-standing and stable occupancy levels of around 100%.

The bulk of the Sacyr Vallehermoso Group's property business currently comprises offices for rent in Barcelona, Madrid, Paris and Miami. The Group has an area of over 1.5 million m2 in operation.

In 2011, Testa reported revenue of 251 million of euros and Ebitda of 200 million of euros.

The rental portfolio stood at 2,636 million of euros, with underlying Ebitda of 2,082 million of euros and a margin of 79%.

Testa: Principales Magnitudes