Lar España Real Estate’s manager says that the company’s strong financial and operational numbers show that it continues to defy the doom and gloom surrounding the retail sector. The value of its Spanish shopping centre and retail park portfolio has been stable despite higher interest rates – thanks in large part to rental growth within its portfolio (gross rental income was up 16.4% over the first half of 2023).
Retail sales within its portfolio totalled more than half a billion euros in the f ....
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19 Oct 2023
Lar España Real Estate - Defying the retail gloom
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Lar España Real Estate - Defying the retail gloom
- Published:
19 Oct 2023 -
Author:
Matthew Read | Richard Williams -
Pages:
15 -
Lar España Real Estate’s manager says that the company’s strong financial and operational numbers show that it continues to defy the doom and gloom surrounding the retail sector. The value of its Spanish shopping centre and retail park portfolio has been stable despite higher interest rates – thanks in large part to rental growth within its portfolio (gross rental income was up 16.4% over the first half of 2023).
Retail sales within its portfolio totalled more than half a billion euros in the f ....