Lar España Real Estate SOCIMI S A : Half-yearly results 2023
July 28, 2023 at 10:50 am EDT
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HALF-YEARLY REPORT
H1 2023
1
Lar España in 2023
1.1
Lar España in 2023
06
1.2
Shopping Centres and Retail Parks openings
15
2
Executive
Summary
2.1
Highlights H1 2023
21
2.2
Main Milestones
23
2.3 Portfolio at 30 June 2023
27
2.4
Key Indicators
35
2.5
Business Performance
37
02
3
ESG
3.1
Commited to the Environment
57
3.2
Contributing to Society
66
3.3 Leaders in Governance
74
4
Consolidated
Financial
Statements
4.1
Company Chart 30/06/2023
80
4.2
Consolidated Statement of Comprehensive Income
81
4.3
Consolidated Statement of Financial Position
83
4.4
Green Bonds Buy-Back
90
4.5
Consolidated Statement of Cash Flows
92
5
EPRA Information
5.1
EPRA Earnings
98
5.2
EPRA Net Asset Value Ratios
99
5.3
EPRA NIY and EPRA Topped-up NIY
101
5.4
EPRA Vacancy Rate
102
5.5
EPRA Cost Ratios
103
5.6
EPRA LTV
03
6
Share Price Performance
6.1
Share price information and performance
108
6.2
Analyst Recommendations
110
7
Glossary
Glossary
113
104
04
Lar España
1
in 2023
1.1
1.2
Lar España in
Shopping
2023
Centres and
06
Retail Parks
openings
15
1.
LAR ESPAÑA IN 2023
05
In July 2023, the rating agency Fitch has announced the maintenance of the Investment Grade or 'BBB' stable rating for both Lar España and its two active green bond issuances. Thus, the Company remains the highest-ratedcompany in its segment.
Translation of information originally prepared in Spanish. In the event of a discrepancy, the Spanish-language version shall prevail.
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Lar España Real Estate SOCIMI SA published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2023 14:49:07 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. 
