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Lar España plans to increase its capital in €1.2M
25 March 2019 | Vanessa Sousa

Spanish REIT Lar España plans to increase its capital in 1.2 million euro, by issuing 621.377 shares at two euro each. This strategy will be one of themes at the table during the company’s next ordinary general meeting on the 24th of April.

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The strategy concerning how the capital will be used is not yet known, but according to Eje Prime several options will be discussed at the meeting. If the capital increase plan is greenlighted, the board will only have one year within which to define a date for the operation.