The REIT Lar Spain has launched a bond issue amounting to 140 million euros which have a maturity of seven years and accrue an annual interest rate of 2.90%, according to the company.With this operation, the company seeks to raise funds to continue the strategy of investing in real estate assets in Spain that began when he went public.Lar Spain thus opens in the capital market almost a year after that in March 2014 became the first REIT that went public.The bonds issued by the company are directed exclusively to qualified investors and are listed on the Irish Stock Exchange.GAINSMoreover, Lar Spain reported that at the end of 2014 had a portfolio of real estate assets valued at 406 million euros, value of a surplus of 7.3 million compared to the amount of purchase of the buildings, as is clear from report by consultancy Jones Lang LaSalle.In the eleven months since its formation and IPO, Lar Spain has invested a total of 460 million euros to buy tertiary real estate assets in Spain, amounting to 25% higher than initially expected.The portfolio of assets acquired by Lar fifteen sum an area of 263,421 square meters. The majority (41%) are located in Madrid, and the rest in other locations such as Valencia and Barcelona.45% are shopping centers, another 26% offices, 13% for housing, 10% to logistics centers and 6% commercial establishments.   Read more: http://www.europapress.es/economia/noticia-economia-empresas-socimi-lar-espana-lanza-emision-bonos-140-millones-euros-20150212122109.html