Report
Ignacio Romero
EUR 100.00 For Business Accounts Only

LAR ESPAÑA: 1Q’23 RESULTS (ANÁLISIS BANCO SABADELL)

1Q'23 vs. 1Q'22 Results
Rental revenues post-incentives: € 24 M (+21% vs. +10% BS(e));
EBIT: € 17 M (+28%);
Net Profit: € 32 M (+400%).
Underlying
Lar Espana Real Estate SOCIMI SA

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.

Provider
Sabadell
Sabadell

Analysts
Ignacio Romero

Other Reports on these Companies
Other Reports from Sabadell

ResearchPool Subscriptions

Get the most out of your insights

Get in touch