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Home - Lar España in 2018

KEY FIGURES

PORTFOLIO INFORMATION


GAV

1,536

Millon €

Annualised Net Rent

70.3

Million €

Assets

18

2 acquisitions in 2018

GLA

622,643

sqm

WAULT

3.5

Years

2018 new investments

75.6

Million €

Divestments in 2018

272.5

Million €

FINANCIAL INFORMATION


EPRA NAV

1,037

Millon €

(11.14€/share)

Net LTV

28%

Financial Debt

621.7

Million €

Rental Income

77.8

Million €

EBITDA

54.5

Million €

Net Profit

129.3

Million €

Average Cost of Debt

2.16

Dividend

75

Million € (0.80€/share)

ROE

13.42%

Retail performance

Operating results


Annualised Net Rent

69.0

Million €

% Occupancy(1)

94.8%


Sales(2)

708.4

Million €
+2,2% vs 2017

Footfall

63.0

Million of visits
+0.8% vs. 2017

Lfl GRI

+3.2%

Lfl NOI

+3.7%

Reversionary Yield

6.3%

EPRA topped-up NIY

5.5%

(1) Ratio calculated under EPRA recommendations | (2) Declared Sales

GAV(%)

Retail. 90

Rest of the portfolio. 10

Rental Income (%)

Retail. 94

Rest of the portfolio. 6

Leasing activity


Negotiated rent

8.3

Million €

Operations

154

Rotated area

38,723

m2

Rent uplift

+12.4%

CSR


Certifications

92% assets certified in BREEAM ®

Consumption performance

40.2kWh/sqm of energy consumption (-4% vs 2017)

2.0liters/person/year of water consumption

Accesibility

Accessibility audits performed on 90% of our assets

Society

Over 19,000 direct jobs
generated

We have worked with
over 25 ONGs and foundations

Emissions

1,517 tCO2 eq /year of total emissions

2.8 kg CO2 eq /sqm/year (-3% vs 2017)