In February 2022, the Reporting & Accounting Committee of EPRA (European Public Real Estate Association(1)) updated its Best Practices Recommendations(2) guidelines in order to improve the presentation, transparency, comparability and relevance of the published results of listed real estate companies in Europe.
Lar España fully supports and endorses the principle of standardizing the reporting of performance indicators from the perspective of comparability and improving the quality of information provided to investors and other users of the financial information.
For this purpose, we have included an specific chapter with our main economic indicators following EPRA guidances.
In September 2023, for the nineth consecutive year, Lar España was awarded the EPRA Gold Award for the quality of financial information made available to its main interest groups. Regarding the information published about ESG, Lar España also obtained the highest distinction by EPRA, achieving for the sixth consecutive year the Gold Award. This highlights the international recognition for the information reported by Lar España and made available to its shareholders.