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Lar Espana Real Estate SOCIMI SA

LRES.MC

$8.69

Closing

0.00

1D

▲0.36%

YTD

LRES

BBG00609Y632

Exchange

Sector

Market cap

$721.74M

Volume

3,964

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Market cap

$721.74M

Analysts' Rating

BUY

Price Target (Mean)

8.88

Total Analysts

4

P/E

33.52

Operating Margin

72.01%

Beta

1.64

Revenue Growth

2.43%

52 week high

$8.75

52 week low

$6.40

Div. Yield

0.63%

EPS Growth

0.00

Company Profile

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.