Lar Espana Real Estate SOCIMI SA 2016 AR2
The report highlights Lar España's strong financial and operational performance in 2016, posting a net profit of over EUR 91 million, up 110% year-on-year. The company expanded its real estate portfolio with key acquisitions, including the Gran Vía de Vigo shopping centre, bringing its total asset valuation to EUR 1,275 million. On the sustainability front, Lar España reduced its property portfolio's greenhouse gas emissions by 56.7% and increased its BREEAM-certified assets to 72% of the portfolio. Additionally, the company generated over 17,500 direct jobs and invested over EUR 300,000 in social, cultural, and charitable initiatives.
Company: Lar Espana Real Estate SOCIMI SA
Sector: Real estate
Country: Spain
Year: 2016
Type: AR2
Pages: 240
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Lar Espana Real Estate SOCIMI SA
Annual Report
The report highlights Lar España's strong financial and operational performance in 2016, posting a net profit of over EUR 91 million, up 110% year-on-year. The company expanded its real estate portfolio with key acquisitions, including the Gran Vía de Vigo shopping centre, bringing its total asset valuation to EUR 1,275 million. On the sustainability front, Lar España reduced its property portfolio's greenhouse gas emissions by 56.7% and increased its BREEAM-certified assets to 72% of the portfolio. Additionally, the company generated over 17,500 direct jobs and invested over EUR 300,000 in social, cultural, and charitable initiatives.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Employees