{"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":"2026-05-14T09:15:09","modified_gmt":"2026-05-14T09:15:09","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 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 is already under construction, and Phase III is in the initial permitting stage.<\/p>\n<p>\u2705 Offices: Like-for-like rents increased by 3.1%, while occupancy remained at very high levels, at 93.6%.<\/p>\n<p>\u2705 Logistics: The portfolio performed well, with a strong 6.2% increase in rents on renewals.<\/p>\n<p>\u2705 Shopping Centers: 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><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 size-medium wp-image-9651\" src=\"https:\/\/www.merlinproperties.com\/en\/wp-content\/uploads\/sites\/2\/2026\/05\/Linkedin_Resultados_3M26VS3M25-840x473.jpg\" alt=\"\" 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. (EN)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.merlinproperties.com\/en\/dia-a-dia\/we-closed-a-strong-first-quarter-with-solid-operating-performance-and-occupancy-at-very-high-levels\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We closed a strong first quarter, with solid operating performance and occupancy at very high levels - Merlin Properties Socimi, S.A. (EN)\" \/>\n<meta property=\"og:description\" content=\"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;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.merlinproperties.com\/en\/dia-a-dia\/we-closed-a-strong-first-quarter-with-solid-operating-performance-and-occupancy-at-very-high-levels\/\" \/>\n<meta property=\"og:site_name\" content=\"Merlin Properties Socimi, S.A. 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