Company Lar España Real Estate SOCIMI, S.A.

Equities

LRE

ES0105015012

Commercial REITs

Market Closed - BME 11:35:22 2024-04-29 am EDT After market 01:30:41 pm
6.83 EUR +0.15% Intraday chart for Lar España Real Estate SOCIMI, S.A. 6.83 0.00%

Business Summary

Lar Espana Real Estate SOCIMI SA is a Spain-based company primarily engaged in the operation of retail Real Estate Investment Trusts (REITs). The Company specializes in acquiring, managing and renting real estate assets within the Spanish market. Its business activities are divided into three segments: Shopping Centers, Offices, as well as Logistics. The Shopping Centers area is responsible for operation of a number of shopping malls, namely Txingudi, Las Huertas, Albacenter, Anec Blau, Hiper Albacenter, and Nuevo Alisal, among others. The Offices segment invests in office properties, such as Arturo Soria, Cardenal Marcelo Spinola, Egeo and Eloy Gonzalo. The Logistics division focuses on managing logistics warehouses, including Alovera I and Alovera II. The Company also owns a plot for residential properties development. It is a parent of a number of entities, such as Lar Espana Inversion Logistica SA, Gran Via Centrum Holdings SAU, Global Noctua and Puerta Maritima Ondara.

Number of employees: 4

Sales per Business

EUR in Million2022Weight2023Weight Delta
Shopping Centres
67.0 %
53 66.0 % 61 67.0 % +15.59%
Retail Parks
33.0 %
27 34.0 % 30 33.0 % +10.52%

Sales per region

EUR in Million2022Weight2023Weight Delta
Spain
100.0 %
80 100.0 % 91 100.0 % +13.87%

Managers

Managers TitleAgeSince
Chief Executive Officer - 14-02-04
Director of Finance/CFO - 13-12-31
Investor Relations Contact - 15-12-31
Comptroller/Controller/Auditor - 21-08-31
General Counsel - 14-04-30
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 17-05-28
Chief Executive Officer - 14-02-04
Chairman 70 14-02-04
Director/Board Member 76 14-02-04
Director/Board Member - 14-02-04
Director/Board Member 60 18-10-15

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 83,692,969 49,360,634 ( 58.98 %) 62,545 ( 0.0747 %) 58.98 %

Shareholders

NameEquities%Valuation
21,341,707 25.50 % 166 M €
Grupo Lar Inversiones Inmobiliarias SA
10.00 %
8,369,297 10.00 % 65 M €
Adamsville SL
5.200 %
4,352,034 5.200 % 34 M €
Utah Retirement Systems
3.100 %
2,594,482 3.100 % 20 M €
EDM Gestión SA SGIIC
1.535 %
1,284,298 1.535 % 10 M €
Brandes Investment Partners (Europe) Ltd.
1.471 %
1,230,891 1.471 % 10 M €
Gestion 21 SA
1.217 %
1,018,935 1.217 % 8 M €
Abante Asesores Gestión SGIIC SA
0.7538 %
630,884 0.7538 % 5 M €
Sofidy SA
0.5929 %
496,188 0.5929 % 4 M €
Caixabank Asset Management SGIIC SA
0.5293 %
443,004 0.5293 % 3 M €

Holdings

NameEquities%Valuation
15,367 0.02% 119,826 $

Company contact information

Lar España Real Estate SOCIMI SA

Calle Maria de Molina 39 10th Floor

28006, Madrid

+34 91 436 04 37

http://larespana.com
address Lar España Real Estate SOCIMI, S.A.(LRE)

Group companies

NameCategory and Sector
Real Estate Development
Global Noctua SL
Le Retail Megapark SL
Real Estate Development
LE Logistic Almussafes SL
Real Estate Development
Real Estate Development
Real Estate Development
Homebuilding

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
6.82 EUR
Average target price
7.748 EUR
Spread / Average Target
+13.60%
Consensus

Quarterly revenue - Rate of surprise

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