Edition:
United Kingdom

Lar Espana Real Estate SOCIMI SA (LRES.MC)

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

8.88EUR
3:57pm GMT
Change (% chg)

€0.11 (+1.25%)
Prev Close
€8.77
Open
€8.80
Day's High
€8.88
Day's Low
€8.73
Volume
242,619
Avg. Vol
144,781
52-wk High
€9.24
52-wk Low
€6.94

Latest Key Developments (Source: Significant Developments)

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

Lar Espana sees gross rental income of 70 mln euros in FY 2016
Thursday, 6 Oct 2016 

Lar Espana Real Estate SOCIMI SA : Sees no further capital increases . Sees gross rental income (GRI) of about 70 million euros ($78.3 million) in FY 2016, expects GRI annual growth of about 14 percent in 2017-2020 . Sees net asset value (NAV) of about 780 million euros at end of 2016, expects average NAV growth of about 9-10 percent per year in 2017-2020 . Expects average total annual return growth of more than 12 percent per year in 2017-2020 . Sees occupancy rate of 93 percent at end of 2016, expects average occupancy rate growth of about 1 percent per year in 2017-2020 .Says estimates new investments of about 240 million euros in 2017.  Full Article

Lar Espana says capital increase of 147.2 mln euros fully subscribed
Monday, 1 Aug 2016 

Lar Espana Real Estate SOCIMI SA :Said on Friday that its share capital increase of 147.2 million euros was subscribed in full.  Full Article

Lar Espana says total market value of its portfolio valued at 1.05 bln euros at end-June
Friday, 8 Jul 2016 

Lar Espana Real Estate SOCIMI SA :Total market value of its portfolio as valued by JLL Valoraciones SA, Cushman & Wakefield at 1.05 billion euros ($1.16 billion) at end-June.  Full Article

BRIEF-Lar Espana Renews Agreement With Its Investment Manager

* RENEWS INVESTMENT MANAGER AGREEMENT WITH GRUPO LAR INVERSIONES INMOBILIARIAS Source text for Eikon: