Lar España Real Estate SOCIMI S A : Presentación Corporativa – Junio 2023
June 21, 2023 at 03:55 am EDT
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Corporate presentation
June 2023
Index
Q1 2023
3 Final remarks
Company
Business
1 Overview
2 Update
2 Corporate presentation
1Company Overview
Corporate presentation
Leaders in the retail segment
Lar España's mission is to lead the retail real estate industry thanks to the size of its portfolio, the quality of its assets and the efficiency of its management model. The constant improvement in these three objectives allows it, in turn, to always maximise the value provided to shareholders, tenants and end customers.
The management of this REIT prioritises the differential offer of unique shopping experiences, carried out in leading shopping centres and parks in terms of size and quality. Thanks to this qualitative policy, in recent years it has consolidated a solid relationship of trust with its tenants, who also benefit from one of the lowest effort rates
in the sector. All these levers provide its shareholders with a highly qualified proposal,
with recurring profitability and high added value.
4 Company Overview
Corporate presentation
We have not stopped excelling
Acquisition of Megapark,
Lagasca 99 residential
Lagoh opening
Covid-19 pandemic,
€400 Mn IPO
El Rosal, As Termas and
delivery
proving portfolio
Acquisition of
logistic warehouse
Eroski portfolio and
Sale of logistics portfolio
Deployment of
resilience
Vistahermosa and Gran
Acquisition of Portal de
Parque Abadía
Vía
to Blackstone
majority of capex
Amortization of the
€135Mn Rights Issue
acquisition
Sale of Eroski
Marina, Albacenter and
Acquisition of Rivas
plan
Senior Secured Bond
Ànec Blau and office
€147Mn Rights Issue
Arturo Soria office
portfolio
Vidanova opening
buildings
First Bond by a SOCIMI
divestment
Offices disposal
Egeo and Joan Miró Office
€700 Mn bond
(€140 Mn)
disposals
issuance
I P O
INVESTMENT, GROWTH & CONSOLIDATION
SPECIALIZATION IN RETAIL
FOCUS ON VALUE CREATION
2.6%
5.1%
6.7%
14.2%
€9.65
€10.27
€10.42
€11.16
2014
2015
2017
2020
2022
Dividend yield over market capitalization
NTA per share
5
Company Overview
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Disclaimer
Lar España Real Estate SOCIMI SA published this content on 21 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2023 07:54:09 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. 
