Lar España Real Estate SOCIMI S A : Full Year Report results 2022
February 27, 2023 at 02:03 pm EST
Share
FULL YEAR REPORT
FY 2022
1
Lar España in 2022
1.1
Lar España in 2022
6
1.2
Shopping Centres and Retail Parks openings
10
2
Executive
Summary
2.1
Highlights 2022
16
2.2
Main Milestones
18
2.3
Portfolio at 31 December 2022
26
2.4
Key Indicators
34
2.5
Business Performance
36
3
ESG
3.1
Commited to the Environment
52
3.2
Contributing to Society
58
3.3
Leaders in Governance
68
4
Consolidated
Financial
Statements
4.1
Company Chart 31.12.2022
72
4.2
Consolidated Statement of Comprehensive Income
74
4.3
Consolidated Statement of Financial Position
76
4.4
Green Bonds Buy-Back
82
4.5
Consolidated Statement of Cash Flows
84
4.6
Grupo Lar fees as Lar España's Manager
86
4.7
Proposed Shareholder Remuneration
90
4.8
Shareholder Return
91
5
EPRA Information
5.1
EPRA Earnings
96
5.2
EPRA Net Asset Value Ratios
97
5.3
EPRA NIY and EPRA "topped-up" NIY
99
5.4
EPRA Vacancy Rate
100
5.5
EPRA Cost Ratios
101
5.6
EPRA LTV
102
6
Share Price Performance
6.1
Share price information and performance
106
6.2
Analyst Recommendations
108
7
Events after the reporting period
Events after the reporting period
1128
Glossary
Glossary
114
4
Lar España in 2022
1.1
1.2
Lar España in
Shopping
2022
Centres and
6
Retail Parks
openings
10
1
In 2022, Lar España's assets have registered 80.5 million visits, which represents an increase of 8.1% compared to 2021, reaching sales levels of 1,051.0 million euros in sales (13.9% increase over 2021).
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Lar España Real Estate SOCIMI SA published this content on 27 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 February 2023 19:02:09 UTC.
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.
LAR ESPAÑA REAL ESTATE SOCIMI, S.A. 
