Lar España Real Estate SOCIMI, SA, (hereinafter referred to as Lar España) is a SOCIMI (Quoted Real Estate Investment Company) listed on the Continuous Market of the Madrid Stock Exchange since March 5, 2014.
It was founded at a suitable moment in the Spanish real estate cycle in which prices reached record lows and the real estate market entered a new phase. Lar España also marked the beginning of a change in the trend in the stock market, as it was not only the first Spanish SOCIMI to go public , but it was the first one after three years without any new quotes and seven years since previous IPO of a real estate company.
Lar España is managed exclusively by Grupo Lar, a real estate company of which its extensive experience in the sector stands out. It has a large team of professionals who perform a task of active and diversified management of the portfolio in order to maximize the operational efficiency and profitability of each asset.
The activity of the company focuses on the investment in real estate assets throughout Spain, mainly in the retail sector.
The Company was established with the objective of investing in the Spanish real estate market with a long-term asset management plan and generating high returns for its shareholders through a significant annual distribution of dividends and the creation of value materialized in the increase EPRA NAV of the company.
View
Create unique and attractive destinations combining shopping and entertainment experiences and connecting digital reality with physical environments.
Mission
Offer unique shopping experiences through the profitable management of their latest generation commercial assets, including the intensive use of technology and being the best partner of their operators and visitors. Their ultimate goal: to maximize the return for their shareholders.
Values
