Lar Espana Real Estate Socimi S.A.

Corporate Details

ISIN(s):

ES0105015012

LEI:

9598002PHMH00MHN3741

Country:

Spain

Address:

CALLE MARIA DE MOLINA 39 PLANTA 10, 28006 Madrid

Website:

https://www.larespana.com/en/

Sector:

Real Estate

Industry:

Retail REITs

Description

Lar España Real Estate SOCIMI S.A. was founded at an ideal juncture in the Spanish property cycle when real estate prices had just bottomed out at record lows and the real estate market was entering a new cycle. Lar España also ushered in a change of trend for the Stock Market, as it was not only the first Spanish SOCIMI to be floated, but it was also the very first listing to take place following a three-year dearth, and the first listing of a real estate company in seven years. Lar España is exclusively managed by Grupo Lar, a real estate company whose extensive experience in the sector is of particular note. It boasts a large team of professionals that actively manage and work to diversify the portfolio in order to maximise its operational efficiency, as well as each asset’s yield. The company’s business activity focuses on investment in real estate assets throughout Spain, mainly in the retail sector.