Lar Espana Real Esta(LAREF)

Description: LAR ESPAÑA REAL ESTATE SOCIMI S.A. is a Spanish company that trades on the Spanish Stock Market, incorporated as a SOCIMI Sociedad Anónima Cotizada de Inversión en el Mercado Inmobiliaria (Listed Corporation for Investment in the Real Estate Market). The company, whose objective is to invest in the Spanish real estate sector, particularly in the retail sector, raised EUR 400million in initial capital from its IPO and in January 2015 completed the first bond issue carried out by a SOCIMI in Spain for EUR140 million. In August 2015 it successfully completed a EUR135 million share capital increase, and another EUR147 million one in August 2016. In 2015, LAR ESPAÑA was included on the FTSA EPRA/NAREIT Global index, a select global index designed to showcase the general trends of listed real estate companies around the world. In September 2018, for the fourth year running, Lar España received the EPRA Gold Award in recognition of the quality of the financial information it provided to its main stakeholders. In recognition of its information published on Corporate Social Responsibility and Sustainability, Lar España was awarded the highest distinction by EPRA, winning the Gold Award for the first time. The company is managed by a highly-experienced independent Board of Directors, which combines renowned Spanish and international professionals from the real estate and finance sectors. The management of Lar España has been solely mandated to Grupo Lar based on a management contract.

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Keywords: Real Estate Investment Trust Real Estate Market Real Estate Sector European Public Real Estate Association Corporate Social Responsibility Epra Index Socimi Stakeholder Retail Sector Epra Finance Sectors Board Of Directors

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Home Page: www.larespana.com

C/ Rosario Pino 14-16
Madrid, 28020
Spain
Phone: 34 91 436 04 37

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Officers

Exchange: OTCGREY

Country: US

Currency: US Dollar ($)