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Lar España plans €200M investment in retail
30 April 2019 | Vanessa Sousa

To buy or develop new large commercial assets is in Spanish REIT Lar España’s plans. In these operations alone, the company plans to invest 200 million euro.

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The REIT’s strategy is to add value to these commercial spaces, according to Spanish newspaper Eje Prime. And it comes after a wave of divestments closed during the last months, which were worth 425 million euro to the company.

The latest one was carried out last week, when Lar España closed the sale of an office building in Madrid with Swiss Life for 40 million euro.

 

Photo: Lar España