Business Immo, the real estate website

Jose Luis Del Valle

Listed 15/10/2018

Spanish REIT Lar to raise 2019 dividend by 67% plus special payout

Spanish REIT/SOCIMI Lar España is moving forward with its plan to focus on retail and is to raise its dividend by 67%. It will (...)

Listed 01/08/2018

Spanish REIT Lar reports 12% rise in 1H recurring earnings to €29.5m

Spanish REIT Lar Espana reported a 12%yy first half rise in recurring earnings to €29.5m, and said its portfolio surged 34% to €1.58bn in value. It (...)

Logistics 19/07/2018

Spain's Lar sells logistics portfolio to Blackstone for €120m, 83% profit

Spanish REIT/SOCIMI Lar Espana has finalised sale of a logistics portfolio to US investment giant Blackstone. Reported by local media in negotiation for over €90m, the final (...)

Finance 26/03/2018

Spanish SOCIMI success story set to go further - EPRA/Iberian Property conf.

Spain's REIT/SOCIMIs have succeeded in the government's aims of reviving the nation's previously depressed real estate, boosting the economy and creating jobs, the EPRA/Iberian (...)

Finance 08/03/2018

Father of Spain's REIT regime to speak at EPRA/Iberian Property event

Miguel Ferre, one of the fathers of Spain's REIT regime, is to take part, alongside four of his most successful 'progeny', Merlin Properties, Hispania, Colonial and Lar España, at (...)

Finance 26/02/2018

Lar Espana retail REIT boosts 2017 net by 48%, proposes div at 5% yld

Madrid retail-focused REIT/SOCIMI Lar Espana Real Estate boosted 2017 net profit by 48% to €135.6m, with rental income driving the surge, up 29%yy. It will propose (...)

Retail 26/01/2018

Spanish REIT Lar Espana boosts portfolio in 2017 by 29% to €1.5bn

Spanish REIT/SOCIMI Lar España reported a 29% increase in portfolio value last year to €1.54bn, which it said is well above the purchase price of the (...)