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Lar Espana Real Estate SOCIMI SA (LRES.MC)

LRES.MC on Madrid SE C.A.T.S.

8.28EUR
24 Sep 2018
Change (% chg)

€-0.13 (-1.55%)
Prev Close
€8.41
Open
€8.31
Day's High
€8.37
Day's Low
€8.28
Volume
156,907
Avg. Vol
161,742
52-wk High
€9.96
52-wk Low
€7.90

Latest Key Developments (Source: Significant Developments)

Lar Espana Sells Two Retail Warehouses In Pamplona For 11.5 Mln Euros
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Lar Espana Real Estate SOCIMI SA ::TRANSFERS TO FRUCTIREGIONS EUROPE SCPI TWO RETAIL WAREHOUSES IN PARQUE GALARIA RETAIL PARK (PAMPLONA) FOR 11.5 MILLION EUROS.DEAL REPRESENTS A CAPITAL GAIN OF 36.9% ON ACQUISITION PRICE PAID BY COMPANY FOR SAID PROPERTY IN JULY 2015.  Full Article

Lar Espana H1 Net Profit Falls To 44 Mln Euros YoY
Friday, 27 Jul 2018 

July 27 (Reuters) - Lar Espana Real Estate SOCIMI SA ::H1 NET SALES 39.8 MILLION EUROS VERSUS 37.5 MILLION EUROS YEAR AGO.H1 NET PROFIT 43.9 MILLION EUROS VERSUS 65.0 MILLION EUROS YEAR AGO.H1 EBITDA 8.7 MILLION EUROS VERSUS 23.3 MILLION EUROS YEAR AGO.EPRA NAV 10.34 EUROS PER SHARE AT END-JUNE VERSUS 10.27 EUROS PER SHARE END-DEC 2017.EPRA OCCUPANCY RATE 93.3 PERCENT AT END-JUNE.  Full Article

Lar Espana Sells Logistic Assets And Plots For 120 Mln Euros
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Lar Espana ::SAYS TRANSFERRED FIVE LOGISTIC ASSETS AND PLOTS INTENDED FOR LOGISTICAL USE FOR 119.7 MLN EUROS.TRANSFERRED ASSETS TO COMPANIES INDIRECTLY CONTROLLED BY INVESTMENT FUNDS AFFILIATED TO THE BLACKSTONE GROUP LP.SALE PRICE REPRESENTS CAPITAL GAIN OF 83 PERCENT ON ACQUISITION PRICE AND INCREASE OF 30 PERCENT OVER VALUATION OF ASSETS.DIVESTED TOTAL OF 265 MILLION EUROS, OVER HALF OF 470 MILLION OF DIVESTMENTS SET OUT IN 2018-2021 BUSINESS PLAN.  Full Article

Lar Espana Says Portfolio Valued At 1.54 Bln Euros
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::SAYS PROPERTY PORTFOLIO VALUED AT 1.54 BILLION EUROS AT END-DEC. BY JLL VALORACIONES AND CUSHMAN & WAKEFIELD.  Full Article

Lar Espana Obtains Capital Gain Of 22.2 Pct From Sale Of Building In Madrid
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::SALE OF OFFICE BUILDING IN MADRID TO COLONIAL FOR 79.3 MILLION EUROS REPRESENTS A CAPITAL GAIN OF 22.2 PERCENT.  Full Article

Lar Espana Sells Office Building In Madrid For 79.3 Mln Euros
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::SELLS OFFICE BUILDING IN MADRID TO COLONIAL FOR TOTAL INITIAL PRICE OF 79.3 MILLION EUROS.  Full Article

Lar Espana ‍Secures 8.2 Mln Eur In Additional Financing For Megapark Shopping Complex​
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Lar Espana Real Estate SOCIMI SA ::‍SECURES EUR 8.2 MILLION IN ADDITIONAL FINANCING FOR MEGAPARK SHOPPING COMPLEX​.‍FOLLOWING THIS AGREEMENT, TOTAL FINANCING LINKED TO MEGAPARK NOW STANDS AT EUR 105 MILLION​.  Full Article

Lar Espana Sees New Investments Of 220 Mln Euros Under 2018-21 Bussiness Plan
Friday, 1 Dec 2017 

Dec 1 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::SEES NEW INVESTMENTS OF 220 MILLION EUROS, DIVESTMENTS OF 380 MILLION EUROS UNDER 2018-21 BUSSINESS PLAN.  Full Article

Lar Espana 9-month net profit up at 72.2 mln euros YoY
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Lar Espana Real Estate SOCIMI SA ::9-MONTH REVENUE 57.2 MILLION EUROS VERSUS 42.2 MILLION EUROS YEAR AGO.9-MONTH NET PROFIT 72.2 MILLION EUROS VERSUS 46.6 MILLION EUROS YEAR AGO.9-MONTH EBITDA 34.3 MILLION EUROS VERSUS 30.3 MILLION EUROS YEAR AGO.EPRA NAV 9.51 EUROS PER SHARE AT END-SEPT. VERSUS 9.20 EUROS PER SHARE AT END-DEC. 2016.  Full Article

Lar Espana buys assets in retail complex for 8.7 mln euros
Monday, 30 Oct 2017 

Oct 30 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::SAYS BUYS FROM ARCONA IBÉRICA ASSETS THAT ALLOW MANAGEMENT OF 33 UNITS FOR 8.7 MILLION EUROS.SAYS UNITS TO BE USED AS RECREATIONAL AND LEISURE FACILITIES, LOCATED IN RETAIL COMPLEX MEGAPARK BARAKALDO.  Full Article