Lar España Real Estate SOCIMI S A : Presentación Corporativa – Octubre 2021
October 15, 2021 at 04:52 pm IST
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C O R P O R A T E P R E S E N T A T I O N
L A R E S P A Ñ A
October 2021
www.larespana.com
Index
1
2
3
4
5
Company
Equity Story
1H 2021 Results
COVID-19
Reasons to
Overview
Update
rely on Lar
España
Company Overview
1
Lar España at a glance
14
100%
Assets
Overship of the assets
551,405
100%
Sqm GLA
Focused on Spanish
retail
€1,411 Mn
64 Mn
Gross Asset Value
Foot-fall in 2020
Company Overview
Our Mission
Optimize the profitability of our shareholders through responsible and efficient management of our retail assets, which incorporates technology as a key element in a relationship that generates value for our retailers and customers.
Our Vission
Provide unique shopping experiences that combine leisure and retail in an omnichannel approach.
Our Values
Responsibility
Quality and respect
Innovation
Transparency and honesty
We believe in selecting a portfolio of owned premium shopping centers and parks, and around them to build a differential proposition of high added value and recurring profitability".
Jose Luis del Valle.
Chairman of the Board of Directors
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Company Overview
From the IPO to nowadays: retail leader in Spain
MAIN SHOPPING CENTRES AND RETAIL PARKS MARKET PLAYERS
Avg. GLA ownership
Owned GLA (est.)
# Assets
per asset
Lar España
551.405
14
41,3781
Peer 1
540.177
80
6,752
Peer 2
486.116
9
54,013
Peer 3
485.041
8
60,630
Peer 4
442.698
13
34,054
Peer 5
376.975
8
47,022
1 Source: CBRE & Lar figures. Dec 2020.
RETAIL LEADERS IN SPAIN
#1
sqm GLA1
Asset stake
in Spain
owned
Retail parks
owned
Portfolio Size gives us benefits in:
Global Negotiations with tenants
Synergies in procurement of services
Present in all the attractive regions of the Spanish territory
Millions of physical and digital customer contacts
Attraction for the development of new commercial formulas
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Disclaimer
Lar España Real Estate SOCIMI SA published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 11:21:04 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.