Merlin Properties SOCIMI, S.A.

MRL

ES0105025003

Commercial REITs

Market Closed - BME Other stock markets 11:35:26 2024-04-26 am EDT			5-day change	1st Jan Change
10.56 ^EUR	+2.03%		+3.43%	+4.97%

Mar. 01	Colonial suffers $1.1 billion loss on falling real estate values	RE
Feb. 29	Spain's Colonial swings to $1.1 billion loss as property values drop	RE

MERLIN Properties SOCIMI, S.A. acquired 14.46% stake in Distrito Castellana Norte, S.A. from Grupo Empresarial San José, S.A. for approximately €170 million.

November 12, 2019

MERLIN Properties SOCIMI, S.A. (BME:MRL) acquired 14.46% stake in Distrito Castellana Norte, S.A. from Grupo Empresarial San José, S.A. (BME:GSJ) for approximately €170 million on October 2019. MERLIN Properties also provided €86 million long-term loan to facilitate the refinancing of the group.

MERLIN Properties SOCIMI, S.A. (BME:MRL) completed the acquisition of 14.46% stake in Distrito Castellana Norte, S.A. from Grupo Empresarial San José, S.A. (BME:GSJ) on October 2019.

Latest news about Merlin Properties SOCIMI, S.A.

Colonial suffers $1.1 billion loss on falling real estate values	Mar. 01	RE
Spain's Colonial swings to $1.1 billion loss as property values drop	Feb. 29	RE
Transcript : MERLIN Properties SOCIMI, S.A., 2023 Earnings Call, Feb 29, 2024	Feb. 29
MERLIN Properties SOCIMI, S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 29	CI
Meta rents Spanish real estate company Merlin's data centres, Cinco Dias says	Jan. 31	RE
Madrid's new business district seeks to learn from rivals	Jan. 11	RE
Madrid's new business district aims to learn from rivals	Jan. 11	RE
The Ibex-35 still has room to increase its value by 17% in 2024, according to Renta 4	Dec. 13	RE
US Futures, European Stocks Fall as Investors Await Fresh Cues	Nov. 28	DJ
Transcript : MERLIN Properties SOCIMI, S.A., Nine Months 2023 Earnings Call, Nov 17, 2023	Nov. 17
MERLIN Properties SOCIMI, S.A. Reports Earnings Results for the Nine Months Ended September 30, 2023	Nov. 16	CI
Spain's Colonial posts 9-month loss of 299 million euros	Nov. 09	RE
Transcript : MERLIN Properties SOCIMI, S.A., Q2 2023 Earnings Call, Jul 28, 2023	23-07-28
MERLIN Properties SOCIMI, S.A. Reports Earnings Results for the Half Year Ended June 30, 2023	23-07-27	CI
Spanish property group Colonial sinks to loss as asset values fall	23-07-27	RE
Colonial turns to loss as its assets lose value	23-07-27	RE
Transcript : MERLIN Properties SOCIMI, S.A., Q1 2023 Earnings Call, May 12, 2023	23-05-12
Gross rents at Spain's Merlin Properties rise 7% in first quarter	23-05-12	RE
MERLIN Properties SOCIMI, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
MERLIN Properties SOCIMI, S.A. acquired Galician shopping center.	23-04-12	CI
MERLIN Properties SOCIMI, S.A. acquired El Corte Inglés retail space in Marineda City.	23-04-12	CI
Indotek-Investments Alapkezelo Zartkoruen Mukodo Reszvenytarsasag - Plaza Invest Ingatlanalap Fund agreed to acquire Factory Bonaire and Vilamarina from MERLIN Properties SOCIMI, S.A. €22 million .	23-04-03	CI
Transcript : MERLIN Properties SOCIMI, S.A., 2022 Earnings Call, Feb 28, 2023	23-02-28
MERLIN Properties SOCIMI, S.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-27	CI
Spain's Merlin Properties Secures $678 Million Of Green Corporate Financing	22-11-21	MT

Chart Merlin Properties SOCIMI, S.A.

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Company Profile

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.

Sector

Commercial REITs

Calendar

2024-05-16 - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , IBEX 35

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Ratings for Merlin Properties SOCIMI, S.A.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

10.56 EUR

Average target price

11.29 EUR

Spread / Average Target

+6.94%

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Sector Other Commercial REITs

	1st Jan change	Capi.
MERLIN PROPERTIES SOCIMI, S.A.	+4.97%	5.28B
REALTY INCOME CORPORATION	-6.46%	46.25B
ALEXANDRIA REAL ESTATE EQUITIES, INC.	-8.31%	20.33B
SEGRO PLC	-3.56%	13.07B
UNIBAIL-RODAMCO-WESTFIELD SE	+16.05%	11.53B
CAPITALAND INTEGRATED COMMERCIAL TRUST	-4.85%	9.68B
FEDERAL REALTY INVESTMENT TRUST	-0.83%	8.48B
CAPITALAND ASCENDAS REIT	-14.19%	8.38B
KLÉPIERRE	+1.38%	7.63B
FIBRA UNO	-18.42%	5.53B

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