Insights

Analysis of current issues

Article Hernán San Pedro

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• March 2023
• Centros Comerciales – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Retail companies have taken the necessary measures to deal with the uncertainty generated by interest rates and inflation.

Article Hernán San Pedro

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• March 2023
• El Inmobiliario Mes a Mes – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Real estate companies are doomed in advance regardless of their evolution, valuations or earnings structure.

Article Esteban Patiño

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• February 2023
• Hi retail – Esteban Patiño – Manager of the As Termas shopping center (owned by Lar España)
• Link: The As Termas shopping center has managed to increase its sales against 2019 data thanks to its ability to adapt to new consumer needs and trends. It points out that the transition to a hybrid omnichannel model is inevitable.

Article Sergio García

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• February 2023
• Hi retail – Sergio García –Retail Director of Grupo Lar and responsible for the portfolio of Lar España
• Link: Shopping parks and malls have demonstrated a great capacity to anticipate and adapt to new trends, such as changes in customer behavior, the increase in the average purchase ticket and the preference for the omnichannel model.

Article Jon Armentia

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• February 2023
• El Inmobiliario Mes a Mes  – Jon Armentia – Corporate Director and CFO of Lar España
• Link: Report on what the real estate sector will be like in 2023 that includes the opinion of Jon Armentia, Corporate Director and CFO of Lar España, who expects the retail sector to behave positively this year.

Article Miguel Pereda

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• February 2023
• Estrategias de Inversión – Miguel Pereda – President of Lar España
• Link: Retail is consolidating as an institutional investment sector despite the fact that some investors do not understand the sector and that retail, in terms of profitability, is the best positioned sector. Pereda ruled out “the retail apocalypse” and pointed out that those good assets come out stronger in situations like these.

Article José Luis del Valle

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• February 2023
• Estrategias de Inversión – José Luis del Valle – President of Lar España
• Link: This year is presented as favorable thanks to the increase in sales compared to 2019. He also added that Lar España’s dividend policy is very attractive and they expect to improve dividend yields in 2023.

Article Hernán San Pedro

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• January 2023
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Retail, especially shopping centers and retail parks, is the segment that has proven to be the most resilient and profitable of all the tertiary real estate sectors.

Article Hernán San Pedro

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• January 2023
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The retail sector is able to show enormous resilience and to anticipate quite clearly the problems it faces.

Article José Luis del Valle

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• January 2023
• El Economista Inmobiliario – José Luis del Valle – President of Lar España
• Link: The real estate sector will face high investment uncertainties and falling rental property values in 2023.

Article Hernán San Pedro

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• January 2023
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Celebration of the III Edition of the Investor’s Lounge, a space where users will be able to see meetings and talks with important companies in the Spanish market that offer good investment opportunities.

Article Hernán San Pedro

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• January 2023
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Retail is poised to be the big investment surprise of 2023.

Article José Luis del Valle

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• January 2023
• El Economista Inmobiliario – José Luis del Valle – President of Lar España
• Link: Retail is going to be a surprise after “having been under suspicion and having been considered overtaken by e-commerce”.

Article Hernán San Pedro

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• December 2022
• El Inmobiliario Mes a Mes – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Lar España was able to benefit from the combined effect of the financial and management measures taken last year, as well as the steady growth in revenues and profit over the quarter.

Article Hernán San Pedro

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• December 2022
• El Economista – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The strength and resilience of retail will be demonstrated again in 2023.

Article Hernán San Pedro

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• December 2022
• Brainsre News – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: A review of the year that is coming to an end and a look ahead to the next one.

Article Jon Armentia

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• December 2022
• Observatorio Inmobiliario – Jon Armentia – Corporate Director and CFO of Lar España
• Link: E-commerce has put the shopping destination experience at the centre and has increased the need to create synergies between retail and logistics, especially last mile logistics.

Article José Luis del Valle

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• December 2022
• Capital Radio– José Luis del Valle – President of Lar España
• Link: Lar España’s performance during the year 2022 and how the company faces the next 2023.

Article Hernán San Pedro

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• December 2022
• Estrategias de inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Retail certainties in a volatile environment

Article Hernán San Pedro

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• December 2022
• Estrategias de inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The real estate sector is vulnerable to the current context of economic uncertainty and rising interest rates, as assessed by the stock markets

Article Jon Armentia

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• November 2022
• Iberian Property – Jon Armentia – Corporate Director and CFO of Lar España
• Link: Assessment of the future in the face of the risk of rising interest rates.

Article Hernán San Pedro

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• November 2022
• Estrategias de inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Report on the real estate cycle

Article Hernán San Pedro

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• November 2022
• Metros2 – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The economic difficulties and uncertainties in the sector, however, he is optimistic about the future.

Article Hernán San Pedro

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• November 2022
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Analysis of the main listed IBEX 35 socimis, including Lar España.

Read more

Article Hernán San Pedro

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• October 2022
• El economista – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: When the odds are against it: A review of the crises that the retail sector has overcome and how it has emerged stronger from each one of them.

Article Sergio García

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• October 2022
• Revista Centros Comerciales – Sergio García – Retail Director of Grupo Lar and responsible for the portfolio of Lar España
• Link: The success of a shopping centre depends on its ability to innovate. It ensures that the physical shop will continue to play a relevant role by adding value to the shopping experience.

Article Jon Armentia

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• October 2022
• Estrategias de inversión – Jon Armentia – Corporate Director and CFO of Lar España
• Link: “The resilience of retail has once again surprised strangers, because we ourselves already knew that it was going to happen more or less like this”

Article Hernán San Pedro

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• September 2022
• Revista Centros Comerciales – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Retail investment will fully recover before the end of the year.

Article Sergio García

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• September 2022
• Hi Retail – Sergio García – Retail Director of Grupo Lar and Portfolio Manager of Lar España
• Link: The pandemic has been a turning point for retail.

Article Jon Armentia

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• September 2022
• Estrategias de inversión – Jon Armentia – Corporate Director and CFO of Lar España
• Link: What a good year 2022 has been for retail. Between January and June, investments in the sector in Spain amounted to almost three billion euros.

Article Hernán San Pedro

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• July 2022
• Estrategias de inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: ESG and income statement: from parallel lives to a single reality.

Article Jon Armentia

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• July 2022
• Estrategias de inversión – Jon Armentia – Corporate Director and CFO of Lar España
• Link: “Our idea is to use our funds to carry out new acquisitions”

Article José Luis del Valle

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• July 2022
• El Economista– José Luis del Valle – President of Lar España
• Link: Lar España expects to invest more than 500 million in the next three years

Article Hernán San Pedro

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• June 2022
• Metros 2 – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Resilience, dominance and quality for a new golden age of retail.

Article Hernán San Pedro

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• Junio 2022
• El Economista – Hernán San Pedro – Director de Relación con Inversores y de Comunicación Corporativa de Lar España
• Link: Importance of ESG issues for investor relations departments.

Article Sergio García

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• June 2022
• Inforetail – Sergio García – Retail Director of Grupo Lar and Portfolio Manager of Lar España
• Link: “The rebirth of the shopping centre”

Article Hernán San Pedro

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• June 2022
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The ‘rule of four’ to measure the recovery of retail

Article Hernán San Pedro

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• June 2022
• Inversión y Finanzas – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: “Socimis reactivate shopping centres”. – Hernán San Pedro

Article Miguel Pereda

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• June 2022
• M Centros Comerciales – Miguel Pereda – Director and CEO of Lar España
• Link: Innovation and Experience

Article Hernán San Pedro

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• June 2022
• Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Lar España: “The real estate sector knew how to diversify and optimize professional management over the past decade”

Article Jon Armentia

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• June 2022
• Estrategias de Inversión – Jon Armentia – Corporate Director and CFO of Lar España
• Link: Sustainability as a real estate guarantee

Article Jon Armentia

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• May 2022
• Estrategias de Inversión – Jon Armentia – Corporate Director and CFO of Lar España
• Link: Lar España: “Sustainability is a key value for the real estate sector”

Article Carlos Fita

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• April 2022
• Revista Centros Comerciales – Carlos Fita – Lagoh Manager
• Link: How facility management services adapted to the pandemic

Article Hernán San Pedro

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• April 2022
• Asset Managers – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Opinion article in which he points out that ESG criteria have become central and recurrent issues for the proper management and performance of any company

Article Hernán San Pedro

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• April 2022
• Metros2 – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Hernán San Pedro’s view on the investment market, retail and investor relations

Article Hernán San Pedro

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• April 2022
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Rincón Inmobiliario – SOCIMIS, a profitable refuge asset for investors

Article Hernán San Pedro

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• March 2022
• Iberian Property – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Barometer of opinion on post-pandemic investment and includes the views of Hernán San Pedro.

Article Susana Guerrero Trevijano

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• March 2022
• Corresponsables – Susana Guerrero Trevijano – Legal Director
• Link: “In general, companies are very aware of the importance of equality”

Article Hernán San Pedro

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• February 2022
• Observatorio Inmobiliario – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Innovation trends in the real estate sector.

Statements José Manuel Llovet

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• February 2022
• Revista Centros Comerciales – José Manuel Llovet – Managing Director of commercial real estate Iberia of Grupo Lar and responsible for the Lar España portfolio
• Link: The retail investment market has been more active than predicted at the start of 2021

Article Hernán San Pedro

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• February 2022
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Socially responsible investment in companies

Article Hernán San Pedro

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• February 2022
• Hi Retail – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Business parks have become increasingly important in the two years of the pandemic

Statements Sergio García

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• January 2022
• Revista Centros Comerciales – Sergio García – Retail Director of Grupo Lar and Portfolio Manager of Lar España
• Link: The adaptability of shopping centres

Statements Sergio García

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• January 2022
• Revista Centros Comerciales – Sergio García – Retail Director of Grupo Lar and Portfolio Manager of Lar España
• Link: Strengths shown by retail parks to cope with changes in consumer behaviour

Article José Luis del Valle

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• December 2021
• ABC – José Luis del Valle – President of Lar España
• Link: Tribune written by José Luis del Valle

Article José Luis del Valle

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• December 2021
• El Inmobiliario mes a mes – José Luis del Valle – President of Lar España
• Link: José Luis del Valle’s view on the balance sheet for 2021 and forecasts for 2022

Statements Jon Armentia

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• December 2021
• Estrategias de Inversión – Jon Armentia – Corporate Director and CFO of Lar España
• Link: In Lar España, health protocols have been used that go far beyond official requirements

Article José Luis del Valle

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• December 2021
• El Economista – José Luis del Valle – President of Lar España
• Link: Modern retail, always one step ahead

Interview to Hernán San Pedro

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• November 2021
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The real estate sector in general, and socimis in particular, provide a natural hedge against inflation

Interview to Hernán San Pedro

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• November 2021
• El Inmobiliario Mes a Mes – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The Socimis have been the most effective initiative so far to bring the Spanish real estate sector into line with the main European countries

Interview to Miguel Pereda

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• November 2021
• Miguel Pereda – Director and CEO of Lar España
• Link: Evolution of the Spanish market in 2021 and the best investment opportunities

Interview to Hernán San Pedro

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• November 2021
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Shopping centres, once we have achieved normality in health, will be a reference point for the recovery of life in society, as well as a decisive point for the recovery of private consumption and the economy as a whole

Interview to Miguel Pereda

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• November 2021
• Miguel Pereda – Director and CEO of Lar España
• Link: For many years, shopping centres have acted as a real social and consumer laboratory for all these technological, commercial and marketing innovations

Interview to Hernán San Pedro

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• November 2021
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The degree of discounting in the real estate sector in general, and retail in particular, is becoming so disproportionate and constant over time that, far from being a threat, it is beginning to be seen as a significant opportunity

More commercials and more centres than ever before

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• September 2021
• El inmobiliario mes a mes – Sergio García – Retail Director of Grupo Lar and Portfolio Manager of Lar España
• Link: During the pandemic, retail has amply demonstrated its ability to both adapt and anticipate

THE REALITY OF THE OMNICHANNEL CUSTOMER IN SHOPPING CENTRES

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• August 2021
• Economista – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: The reality of the omni-channel customer

Statements Jon Armentia

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• July 2021
• Brand Book 2021 – Jon Armentia – Corporate Director and CFO of Lar España
• Link: Lar España nominated for the European Real Estate Brand Awards. Jon Armentia highlights that quality retail has established itself as a resilient real estate segment.

Jon Armentia interview

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• July 2021
• Estrategias de inversión – Jon Armentia – Corporate Director and CFO of Lar España
• Link: Resilience has been and will be one of the keys to retail success

Lar España: an exciting second half of the year for the retail sector

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• July 2021
• Estrategias de Inversión – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Rapid, professional and highly effective reaction from major centres

Jon Armentia interview

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• July 2021
• Centros Comerciales Magazine – Jon Armentia – Corporate Director and CFO of Lar España
• Link: Lar España’s shopping centres have reacted quickly to ensure a safe experience

Overview - Modification of IARC and IIAGC models

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• June 2021
• Susana Guerrero Trevijano – Legal Director
• Link: Overview of the proposed modification of IARC and IAGC models

How shopping centres have evolved

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• June 2021
• El Economista – Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: How shopping centres have evolved

Article in Observatorio Inmobiliario

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• June 2021
• Sergio García – Retail Director of Grupo Lar and Portfolio Manager of Lar España
• Link: Investment in shopping centres will again reach significant levels in the coming months.

A Catalytic Plan for Climate Transition

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• May 2021
• Susana Guerrero Trevijano – Legal Director
• Link: A Catalytic Plan for Climate Transition

Overview of Law 5/2021

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• May 2021
• Susana Guerrero Trevijano – Legal Director
• Link: Overview of Law 5/2021 of the Capital Companies Act and other financial regulations

Good retail always comes back

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• May 2021
• Sergio García – Retail Director of Grupo Lar and Portfolio Manager of Lar España
• Link: Good retail always comes back

Impact of COVID-19 on corporate performance

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• May 2021
• Susana Guerrero Trevijano – Legal Director
• Link: Impact of COVID-19 on the functioning of corporate governance and management bodies

Shopping centres, the direct line to customers

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• April 2021
• Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Shopping centres, the direct line to customers

Lar could trade at a premium to asset value for growth

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• December 2020
• José Luis del Valle – President of Lar España
• Link: Lar could trade at a premium to asset value for growth

International support for SOCIMIS

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• November 2020
• Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: International support for SOCIMIS

The authentic truth about shopping centers

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• October 2020
• Hernán San Pedro – Investor Relations and Corporate Communications Director of Lar España
• Link: Value and price; the authentic truth about shopping centers

Commercial oasis

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• June 2020
• Miguel Pereda – Director and CEO of Lar España
• Link: Commercial oasis