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Lar Espana Real Estate SOCIMI SA (LRES.MC)

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

8.08EUR
11 Dec 2018
Change (% chg)

€0.03 (+0.37%)
Prev Close
€8.05
Open
€8.11
Day's High
€8.13
Day's Low
€8.06
Volume
134,832
Avg. Vol
145,092
52-wk High
€9.96
52-wk Low
€8.04

Latest Key Developments (Source: Significant Developments)

Lar Espana Sees 2018-2021 New Investments At 250 Million Euros
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Lar Espana Real Estate SOCIMI SA ::SEES 2018-2021 NEW INVESTMENTS AT 250 MILLION EUROS, CAPEX AND DEVELOPMENT INVESTMENT AT 265 MILLION EUROS.SEES 2018-2021 DIVESTMENTS AT 522 MILLION EUROS.SEES 2018 NET ASSET VALUE AT ABOUT 1,072 MILLION EUROS.  Full Article

Lar Espana To Buy Back Up To 3.33 Pct Of Share Capital for 30.0 Mln Euros
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Lar Espana Real Estate SOCIMI SA ::SAYS TO IMPLEMENT A BUY-BACK PROGRAM OF COMPANY’S OWN SHARES.MAXIMUM NET INVESTMENT OF THE PROGRAM WILL BE UP TO 30.0 MILLION EUROS.MAXIMUM NUMBER OF SHARES TO BE ACQUIRED BY COMPANY WILL BE 3.1 MILLION SHARES, REPRESENTING 3.33 PERCENT OF SHARE CAPITAL.BUY-BACK PROGRAM WILL REMAIN IN EFFECT FOR THREE MONTHS.  Full Article

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