Company Merlin Properties SOCIMI, S.A.

Equities

MRL

ES0105025003

Commercial REITs

Market Closed - BME 11:35:00 2024-04-23 am EDT After market 02:59:02 pm
10.44 EUR +0.77% Intraday chart for Merlin Properties SOCIMI, S.A. 10.46 +0.24%

Business Summary

Merlin Properties SOCIMI, S.A. is a listed Real Estate Investment Trust (REIT). The Company acquires, actively manages, invests and selectively rotates commercial real estate assets in Spain and Portugal.

Rental income breaks down by type of asset between offices (53.6%), shopping centers (26.4%), logistics sites (16.9%) and other (3.1%).

In 2023, the asset portfolio of Merlin Properties SOCIMI, S.A. was worth EUR 11.3 billion and generated EUR 475.6 million of rental income.

The company aims to remunerate the shareholders through a combination of annual dividend distribution and value enhancement of the EPRA NAV of the Company.

Number of employees: 260

Sales per Business

EUR in Million2022Weight2023Weight Delta
Office Buildings
54.0 %
238 54.3 % 251 54.0 % +5.38%
Shopping Centres
25.4 %
116 26.4 % 118 25.4 % +1.94%
Logistics
16.7 %
71 16.1 % 77 16.7 % +9.19%
Other
3.0 %
12 2.8 % 14 3.0 % +11.14%
Data Centers
0.7 %
- - 3 0.7 % -
Corporate Unit
0.3 %
2 0.4 % 1 0.3 % -17.67%

Sales per region

EUR in Million2022Weight2023Weight Delta
Spain
85.7 %
371 86.6 % 383 85.7 % +3.33%
Portugal
14.3 %
57 13.4 % 64 14.3 % +11.72%

Managers

Managers TitleAgeSince
Chief Executive Officer - 14-05-26
Compliance Officer - 17-09-30
Chief Operating Officer - 14-05-26
Investor Relations Contact - 15-08-31
- -
Corporate Officer/Principal - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 14-06-05
Director/Board Member - 14-06-10
Director/Board Member 60 14-06-09
Director/Board Member - 18-05-06
Director/Board Member 62 16-09-14
Chief Executive Officer - 14-05-26
Chief Operating Officer - 14-05-26
Director/Board Member - 16-09-14
Chairman - 16-09-14
Director/Board Member - 20-06-16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 469,770,750 313,025,955 ( 66.63 %) 1,399,124 ( 0.2978 %) 66.63 %

Shareholders

NameEquities%Valuation
115,375,696 24.56 % 1 243 M €
38,371,083 8.168 % 413 M €
Amundi Asset Management SA (Investment Management)
0.7392 %
3,472,573 0.7392 % 37 M €
Bestinver Gestión SA SGIIC
0.4273 %
2,007,548 0.4273 % 22 M €
Schroder Real Estate Investment Management Ltd.
0.4235 %
1,989,258 0.4235 % 21 M €
Cartesio Inversiones SGIIC SA
0.3622 %
1,701,529 0.3622 % 18 M €
Caixabank Asset Management SGIIC SA
0.3441 %
1,616,292 0.3441 % 17 M €
1,536,184 0.3270 % 17 M €
AllianceBernstein Japan Ltd.
0.3188 %
1,497,460 0.3188 % 16 M €
Tocqueville Finance SA
0.2908 %
1,366,313 0.2908 % 15 M €

Holdings

NameEquities%Valuation
5,571,955 17.75% 65,593,054 $
1,536,184 0.33% 16,549,310 $

Company contact information

MERLIN Properties SOCIMI SA

Paseo de la Castellana 257

28046, Madrid

+34 91 769 19 00

http://www.merlinproperties.com
address Merlin Properties SOCIMI, S.A.(MRL)

Group companies

NameCategory and Sector
Other Consumer Services
Real Estate Development
Bintan Directorship SL
Merlin Oficinas SL
Merlin Logística SL

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
19
Last Close Price
10.36 EUR
Average target price
11.29 EUR
Spread / Average Target
+9.01%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. MRL Stock
  4. Company Merlin Properties SOCIMI, S.A.