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Miguel Pereda: “Footfall and Rents had Increased by 7% in our Centres this Year

Centro comercial Lagoh Sevilla Lar España Socimi 1024x576 1
The Lagoh shopping centre in Sevilla owned by Lar España.

The manager of the largest Socimi specialising in shopping centres in Spain, Miguel Pereda, Director of Lar Spain and CEO of Grupo Lar, acknowledges that the Covid-19 crisis has had an impact on its establishments -it owns more than 14 large properties throughout Spain, which are, however, still open and generating income, he points out.

“In terms of open and authorised activities, we have 30% of our operating portfolio and our obligation is to maintain our shopping centres in perfect conditions for offering these activities,” explains Pereda, at a meeting organised by Simapro about the impact of Covid-19 on non-residential assets.

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