Retail represents 85% of Lar España's revenues

Retail represents 85% of Lar España's revenues

 

These results reflect the manager's commitment in the commercial sector, which, in 2017, allowed it to achieve profits of €135.6 million, almost 50% more than the previous year.

In that sense, it invested €11.4 million in improvements in its shopping centers, in a total of 128 operations, between renewals, replacements, relocations or in the hiring of new tenants, 36% more than in 2016, notes the EjePrime.

In the coming years, Lar España expects to invest up to €220 million in the purchase of shopping centers and retail parks, at the same time that it should divest assets such as offices, logistics or residential.

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