Lar España Real Estate SOCIMI, S.A. is exclusively managed, for an initial term of 5 years, by Grupo Lar, a real estate company with extensive experience in the sector, knowledge of different asset classes (retail, offices, residential, industrial, etc.) over the course of the real estate cycles over the past few decades and a long track-record of alliances with some of the world’s most renowned international investors.

• Grupo Lar is a real estate developer, investor and manager with a consolidated presence in the markets it operates in.

• Developer focused on investment and management of real estate assets:

• - Shopping centres
• - Residential – primary and second homes
• - Offices and business parks
• - Industrial parks

• More than 40 years experience.

• Strategy based on risk diversification and developing competitive advantages via strategic alliances.

• Present in 7 countries: Spain, Poland, Romania, Mexico, Brazil, Colombia and Peru.

• Non-listed company owned by the Pereda family and the Special Situations Fund managed by Proprium holds a 16.7% stake.

• It benefits from solid corporate governance regulations. Four of the ten directors are independent and benefit from extensive experience in the financial and/or real estate sectors.

Proven Partner in Alliances/JVs

One of the key differentiating values of Grupo Lar is its proven experience of establishing alliances with prestigious international investors, such as Green Oak, Grosvenor, Goldman Sachs, Henderson Global Investors, Morgan Stanley and Ivanhoe Cambridge, among others.

Grupo Lar’s experience and knowledge are demonstrated by the fact that the company is the majority shareholder (66%) of Gentalia, the largest retail property manager in Spain.