{"id":9652,"date":"2026-05-14T09:14:06","date_gmt":"2026-05-14T09:14:06","guid":{"rendered":"https:\/\/www.merlinproperties.com\/en\/?p=9652"},"modified":"2026-10-16T11:50:40","modified_gmt":"2026-10-16T11:50:40","slug":"we-closed-a-strong-first-quarter-with-solid-operating-performance-and-occupancy-at-very-high-levels","status":"publish","type":"post","link":"https:\/\/www.merlinproperties.com\/en\/dia-a-dia\/we-closed-a-strong-first-quarter-with-solid-operating-performance-and-occupancy-at-very-high-levels\/","title":{"rendered":"We closed a strong first quarter, with solid operating performance and occupancy at very high levels"},"content":{"rendered":"<p>We closed a strong first quarter, with solid operating performance and occupancy at very high levels.<\/p>\n<p>In the first three months of the year, key highlights include:<\/p>\n<p>\u2705 <a href=\"https:\/\/www.merlinproperties.com\/en\/data-centers\/\">Data Centers:<\/a> At quarter-end, Phase I of the MEGA plan, covering the Madrid, Barcelona and Basque Country data centers, with 64 MW IT fully leased. Phase II is already under construction, and Phase III is in the initial permitting stage.<\/p>\n<p>\u2705<a href=\"https:\/\/www.merlinproperties.com\/en\/offices\/\"> Offices:<\/a> Like-for-like rents increased by 3.1%, while occupancy remained at very high levels, at 93.6%.<\/p>\n<p>\u2705<a href=\"https:\/\/www.merlinproperties.com\/en\/logistics\/\"> Logistics:<\/a> The portfolio performed well, with a strong 6.2% increase in rents on renewals.<\/p>\n<p>\u2705 <a href=\"https:\/\/www.merlinproperties.com\/en\/shopping-centers\/\">Shopping Centers:<\/a> Operating performance remains solid, with sales (+10.3%) and footfall (+1.5%) outperforming the market and reaching very low effort rate (10.8%)<\/p>\n<p>More information <a href=\"https:\/\/wtv-secure-fileshare.world-television.com\/mariobenita\/20260514\/43360_en_v96_00.mp3\">here<\/a><\/p>\n<p><a href=\"https:\/\/www.merlinproperties.com\/en\/press\/merlin-properties-cierra-un-fuerte-primer-trimestre-con-un-incremento-en-rentas-brutas-del-112-hasta-e1462-millones\/attachment\/linkedin_resultados_3m26vs3m25\/\" rel=\"attachment wp-att-9651\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-9651 size-medium\" src=\"https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25-840x473.jpg\" alt=\"MERLIN Properties data centers in Madrid, Barcelona and the Basque Country, with all 64 MW of IT capacity in Phase I of the MEGA plan fully leased.\" width=\"840\" height=\"473\" srcset=\"https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25-840x473.jpg 840w, https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25-1440x810.jpg 1440w, https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25-450x253.jpg 450w, https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25-768x432.jpg 768w, https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25-1536x864.jpg 1536w, https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25-1200x675.jpg 1200w, https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25.jpg 1920w\" sizes=\"auto, (max-width: 840px) 100vw, 840px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We closed a strong first quarter, with solid operating performance and occupancy at very high levels. In the first three months of the year, key highlights include: \u2705 Data Centers: At quarter-end, Phase I of the MEGA plan, covering the Madrid, Barcelona and Basque Country data centers, with 64 MW IT fully leased. Phase II [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":9654,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[88,41],"class_list":["post-9652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporativo","category-dia-a-dia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>We closed a strong first quarter, with solid operating performance and occupancy at very high levels - Merlin Properties Socimi, S.A. 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