MERLIN Properties acquires TREE Inversiones Inmobiliarias for 739.5 million euros
MERLIN Properties Socimi S.A., (“MERLIN”) (MC:MRL), one of the main real
estate companies listed on the Spanish stock exchange and specialising in the acquisition and
management of commercial real estate assets in the Iberian region, today announces the
acquisition of Tree Inversiones Inmobiliarias for 739.5 million euros, after adjustments, reflecting
MERLIN Properties commences trading on the Spanish Stock Exchanges
The largest IPO in Spain in the last three years and the largest listing ever of a SOCIMI (REIT) in Europe
The CNMV approves and registers the prospectus relating to the IPO and admission to trading of the shares of MERLIN PROPERTIES SOCIMI, S.A.
The initial public offering of shares (the “Offering”) of MERLIN Properties SOCIMI, S.A. (“MERLIN Properties”) on the Spanish Stock Exchanges shall begin now after the approval by and filing with the CNMV (Comisión Nacional del Mercado de Valores, the Spanish Financial Securities Markets Regulator) of the IPO Prospectus.