Press

03/02/2020

MERLIN Properties’ shares to start trading in Portugal

The company will be listed on the regulated market of Euronext Lisbon
It is the first dual listing of a Spanish company in this sector

29/11/2019

MERLIN Properties sells a portfolio of 26 office buildings for €225 million

Disposals in 2019 amount to €281 million, exceeding the divestment plan for the year

27/11/2019

MERLIN Properties successfully issues € 500 million – 15 years unsecured bonds

· MERLIN Properties has completed today a 500 million euros unsecured bond issuance, with 15 years maturity period and a coupon of 1.875%.
· This 15 year bond is the longest issuance executed by an Spanish real estate company as of today.

13/11/2019

MERLIN reports excellent business performance in all divisions driving operating profit to double-digit growth

– Gross rents: € 394.9 million (+6.4% YoY)
– EBITDA: € 317.0 million (+6.3% YoY)
– Operating profit (“FFO“) : €237.0 million (+11.5% YoY)
– Gross asset value: € 12.4 billion (without quarterly revaluations)
– Net asset value per share: € 15.27 (+6.5% vs YoY)

09/09/2019

MERLIN Properties further expands its Lisbon office portfolio with the acquisition of Nestlé headquarters

• MERLIN Properties has completed the acquisition of Nestlé’s HQ in Lisbon for a total amount of €12.5 million
• The office building, located in a consolidated and dynamic office area within Lisbon’s “western corridor”, adds 12,260 sqm GLA to the Lisbon portfolio of MERLIN Properties and enjoys full occupancy

30/07/2019

Strong growth in the operating profit during the first half

• Operating profit exceeds € 157 million (equivalent to € 33 cents per share), a strong 11.6% increase year on year.
• Excellent business performance, with increases in the occupancy rate, LfL rents and positive release spreads in all asset categories.
• MERLIN announces the acquisition of a land plot to develop a 93,000 sqm extension of the successful Cabanillas Park I which will become the largest logistics park in Madrid with 320,000 sqm.

20/05/2019

MERLIN completes its refinancing with an ESG Indexed Loan

• The Sustainability-Linked Facility is the largest in European Real Estate sector to date and the second largest ever in Spain across all industries

• MERLIN’s continued management of its debt positions over the last six months report LfL savings of € 8.2 million per annum