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Lar España Real Estate SOCIMI, S.A., is exclusively managed by Grupo Lar, a seasoned, family owned, Spanish private real estate developer, investor and asset manager with over 50 years of experience, working both national and internationally.

In February 2018, Lar España entered into an agreement with Grupo Lar in order to novate the investment management agreement until 2021.

Strong management team with large experience and knowledge of the Spanish real estate marketl

Grupo Lar’s competitive advantages

1. Stable ownership & governance

The Pereda Family owns 100%.

Strong Corporate Governance regulations. 4 out of 10 Independent Directors. Grupo Lar has highly regarded individuals in the Real Estate and/or Financial landscape.

2. Strong management team

259 employees in 6 countries with on-going training programmes in each country and talent selection processes in order to build on middle management capabilities.

Large experience and knowledge of the Spanish real estate market.

3. Geographical diversification

International presence: the Company portfolio is spread across 6 countries in Europe and the Americas

Amplia experiencia y conocimiento del mercado inmobiliario español.

Weighting of each country in the portfolio (%)

4. Product diversification

Grupo Lar is a developer, investor and asset manager in shopping centres, offices, residential, industrial and logistics.

5. Reliable manager and partner of third party funds

Co-investor and operational partner for Institutional Investors and Hedge-Funds

Grupo Lar has a unique track record of successfully leveraging on JVs and Alliances with tier 1 Investor and Corporations in order to maximise the return on investment for its partner

6. Strong balance sheet

It boasts a solid financial position and the ability to adapt to different property cycles thanks to the diversity of its assets and their locations.

Grupo Lar’s extensive experience and in-depth knowledge are clearly emulated in Gentalia, the largest retail property manager in Spain and in which Grupo Lar owns 100% of the capital.

Gentalia’s business covers the areas of consultancy, asset management, letting and shopping centre management.

Gentalia carries out these activities for the vast majority of Lar España’s retail portfolio.