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Lar Espana Real Estate SOCIMI SA (LRES.MC)

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

8.72EUR
15 Dec 2017
Change (% chg)

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€8.72
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Avg. Vol
121,955
52-wk High
€8.90
52-wk Low
€6.74

Latest Key Developments (Source: Significant Developments)

Lar Espana Sees New Investments Of 220 Mln Euros Under 2018-21 Bussiness Plan
Friday, 1 Dec 2017 12:55pm EST 

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 02:48am EST 

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 03:52am EDT 

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 sells all shares in its fully owned unit Lar Espana Offices Arturo Soria
Wednesday, 27 Sep 2017 11:46am EDT 

Sept 27 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::SAYS TRANSFERRED ALL SHARES IN ITS WHOLLY OWNED UNIT LAR ESPANA OFFICES ARTURO SORIA SLU, SOLE OWNER AND PROPRIETOR OF OFFICE BUILDING ARTURIO SORIA 336 FOR TOTAL INITIAL PRICE OF 32.5 MILLION EUROS.  Full Article

Lar Espana's new ordinary shares to start trading on Aug. 21
Monday, 21 Aug 2017 02:32am EDT 

Aug 21 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::SAID ON SATURDAY NEW ORDINARY SHARES WILL BE ADMITTED TO TRADING ON AUG. 21 ON SPANISH STOCK EXCHANGE.TOTAL CAPITAL INCREASE AMOUNTS TO 19.2 MLN EUROS, WITH NOMINAL VALUE OF EACH SHARE OF 2.00 EUROS AND SHARE PREMIUM OF 7.20 EUROS.SHARES WERE FULLY SUBSCRIBED BY GRUPO LAR INVERSIONES INMOBILIARIAS, MANAGER OF LAR ESPANA.  Full Article

Lar Espana H1 net profit up 50 pct at 65.0 mln euros YoY
Thursday, 27 Jul 2017 02:48am EDT 

July 27 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::H1 NET PROFIT 65.0 MILLION EUROS VERSUS 43.3 MILLION EUROS YEAR AGO.H1 EBITDA 23.3 MILLION EUROS VERSUS 23.8 MILLION EUROS YEAR AGO.H1 NET SALES 37.5 MILLION EUROS VERSUS 26.9 MILLION EUROS YEAR AGO.EPRA NAV 9.28 EUROS PER SHARE AT END-JUNE 2017 VERSUS 9.20 EUROS PER SHARE AT END-DEC. 2016.OCCUPANCY RATE 94.7 PERCENT AT END-JUNE 2017.  Full Article

Lar Espana says portfolio valued at 1.45 bln euros
Thursday, 6 Jul 2017 12:41pm EDT 

July 6 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::SAYS PORTFOLIO VALUED AT 1.45 BILLION EUROS AT END-JUNE, VALUATION CARRIED OUT BY JLL VALORACIONES AND CUSHMAN & WAKEFIELD SUCURSAL EN ESPAÑA.  Full Article

Lar Espana Q1 net profit up at 10.5 mln euros
Friday, 12 May 2017 02:46am EDT 

May 12 (Reuters) - LAR ESPANA REAL ESTATE SOCIMI SA ::Q1 NET PROFIT 10.5 MILLION EUROS VERSUS 8.7 MILLION EUROS YEAR AGO.Q1 EBITDA 12.1 MILLION EUROS VERSUS 15.0 MILLION EUROS YEAR AGO.Q1 REVENUE 18.0 EUROS VERSUS 13.0 MILLION EUROS YEAR AGO.EPRA NAV 9.27 EUROS PER SHARE AT END-MARCH 2017.  Full Article

Lar Espana secures bank financing of 78 mln euros
Friday, 28 Apr 2017 02:38am EDT 

April 28 (Reuters) - Lar Espana Real Estate SOCIMI SA ::Secures bank financing of asset Lagasca99 of 78 million euros ($84.8 million) from Banco Santander.To use the funds to finance construction of Lagasca99 property and finance potential buyers.Updates terms and conditions of an additional balance of 40 million euros.  Full Article

Lar Espana buys commercial assets in Spain for 110.7 mln euros
Monday, 27 Mar 2017 12:03pm EDT 

Lar Espana Real Estate SOCIMI SA :Buys Parque Abadia commercial complex in Toledo for 63.1 million euros ($68.6 million) and 22 commercial premises in different parts of Spain for 47.6 million euros.  Full Article