Press Release
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15/07/2015
MERLIN Properties announces € 1,033.7 million capital increase
MERLIN Properties announces € 1,033.7 million capital increase
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14/07/2015
The shareholders of MERLIN Properties approve the acquisition of Testa
Ismael Clemente: “Testa represents a unique opportunity to capture future growth in the Spanish real estate market”.
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09/06/2015
MERLIN Properties acquires Testa
MERLIN Properties has entered into an investment agreement for the acquisition in several steps of the entire share capital of Testa owned by Sacyr.
Testa owns a portfolio of assets of superior quality, with a gross value above 3,200 million euros, gross annual rental income of 159 million euros and a gross leasable area above 1 million square meters. -
08/06/2015
MERLIN Properties makes its first acquisition in Lisbon
MERLIN Properties has formalized its first investment in Portugal through the acquisition of an office building in Lisbon for an amount of 18 million euros.
The office building, located in the Expo area, has a gross leaseable area (GLA) of 6,740 sqm and is fully let to Novabase, a leading IT services provider. -
13/05/2015
MERLIN Properties recorded consolidated IFRS net earnings of 19.6 million euros
MERLIN Properties has released its 1Q 2015 consolidated financial statements, with total revenues of €32.5 million, EBITDA of €29.7 million and net profit of €19.6 million, in accordance with IFRS. Taking into account EPRA standards, 1Q 2015 EPRA earnings were €22.2 million.
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07/05/2015
MERLIN Properties successfully completes its capital increase
• The capital increase has been executed through the issuance of 64,605,999 new shares, amounting to gross proceeds of approximately 613.7 million euros. The new shares will start trading on May 12th.
• Investors have placed orders for shares for a total amount of 851,448,993 new shares (64,481,098 in the preemptive subscription period and 786,967,895 shares in the additional shares allocation period), resulting in an oversubscription of 13.2 times. -
15/04/2015
MERLIN PROPERTIES ANNOUNCES €613.8 MILLION CAPITAL INCREASE
MERLIN Properties SOCIMI, S.A. (the “Company” or “MERLIN”) informs that its Board of Directors, at a meeting held on April 15, 2015, pursuant to the authorization granted by the Ordinary Shareholders’ Meeting of MERLIN of April 1, 2015, has adopted a resolution to increase the share capital of MERLIN by a total nominal amount of 64,605,999 euros by the issue and placing in circulation of 64,605,999 new ordinary shares, each with a par value of one euro (€1), of the same class and series as those currently in circulation and represented by book entries (the “New Shares” and the “Capital Increase”, respectively). The New Shares shall confer on the holders thereof the same rights as the shares currently in circulation since the entry thereof in the accounting records of Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A.U. (“IBERCLEAR”).