Investment and Capital Management

At Grupo Lar we are co-investors of institutional investors and hedge-funds. Since 1998 we have established a proven track record in Joint Ventures and alliances with top-level investors and corporate clients, who we have helped to maximize their investments through our experience and real estate know-how.

We have managed and participated in the real estate funds of prestigious international institutions such as Fortress or Baupost.

Between 1998 and 2002 we maintained an alliance with Whitehall (currently Goldman Sachs) to invest in shopping centres and offices.

From 2000 to 2008, we maintained a 50/50 Joint Venture with Grosvenor to develop, invest and manage office buildings, industrial estates and shopping centres.

Throughout our 50-year history, these alliances and financial operations have provided a clear growth strategy, both in different countries and their various businesses:

  • In Germany: In 2007, Grupo Lar invested in the office and residential markets for private banking clients of La Caixa.
  • In Latin America: Strategic alliances with Grupo Acción in Mexico and Cosapi in Peru.
  • In Spain:
    • Shopping centres:
      • Since 1998, when activity began in this sector, we have carried out Joint Ventures with several institutions such as Invanhoe Cambridge, Eroski, Vastned Retail, Acciona Inmobiliaria, GreenOak, Sonae Inmobiliaria, GE Capital, Henderson and Rockspring.
    • Logistics:
      • In 2019, an alliance with Centerbridge was set up to promote logistics warehouses in Madrid, Barcelona, Valencia, Malaga, Seville and the Basque Country as target markets.
    • Residential:
      • For sale: Over 3,850 homes in alliances with Banco Sabadell, Bankia, AXA Re, Catalunya Caixa and property developers.
      • Rental: Joint Venture in 2020 for the construction and management of more than 5,000 homes under the Build to Rent model with the French property management company Primonial.
    • Healthcare:
      • Experience in investing, developing and managing healthcare assets from the alliance with Ballesol in 2003, with the management of 14 assets in the main cities of Spain.