Lar España Real Estate REIT appointed C&W to value its portfolio in Spain

Lar Spain Real Estate REIT has decided to entrust the valuation of its portfolio of shopping centers, offices and logistics to Cushman & Wakefield. In order to provide greater flexibility at the time to opt for titrator, avoid conflicts of interest and be able to provide a rotation plan leaner titrator, the REIT has chosen to retain the services of two consultants, which will offer counseling valuation for accounting purposes in assets acquired by Lar Spain Real Estate SOCIMI located in Spain.

Specifically , the portfolio consists of 10 active (five shopping centers, a commercial medium, two buildings of offices and two logistics complexes ) located in the Basque Country, Catalonia, Madrid , Valencia, Castile and León and Castile -La Mancha. It is malls Las Huertas (Palencia ) , Txingudi (Guipúzcoa ) , Albacenter (Albacete ) , Anecblau (Barcelona ) , Portal de la Marina (Alicante ) ; commercial median Media Markt Villaverde ( Madrid) ; of office buildings Arturo Soria 336 and Marcelo Spinola 42 (Madrid ) and logistics centers I and II Alovera (Guadalajara ) .

Oriol Barrachina, Cushman & Wakefield CEO in Spain says: "I am certain that this mandate for C&W is the result of our extensive experience in the valuation of assets, both for Retail and offices and logistics facilities in Spain" .