Lar España Real Estate has passed probably the most severe stress test in recent history in the form of the pandemic. 2022 results show that the value of its Spanish shopping centre and retail park portfolio has rebounded (seemingly undeterred by rising interest rates in the second half of the year). Sales at its assets broke through the €1bn mark for the first time and are well ahead of pre-pandemic levels.
The good operational performance can be put down to the quality of the portfolio and do ....
14 Mar 2023
Lar España Real Estate – Dominant assets make a resilient business
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Lar España Real Estate – Dominant assets make a resilient business
Lancashire Holdings Limited (LRE:LON) | 597 29.9 0.8% | Mkt Cap: 1,457m
- Published:
14 Mar 2023 -
Author:
James Carthew | Richard Williams -
Pages:
20 -
Lar España Real Estate has passed probably the most severe stress test in recent history in the form of the pandemic. 2022 results show that the value of its Spanish shopping centre and retail park portfolio has rebounded (seemingly undeterred by rising interest rates in the second half of the year). Sales at its assets broke through the €1bn mark for the first time and are well ahead of pre-pandemic levels.
The good operational performance can be put down to the quality of the portfolio and do ....