Merlin Properties Socimi S.A.

Corporate Details

ISIN(s):

ES0105025003 (+1 more)

LEI:

959800L8KD863DP30X04

Country:

Spain

Address:

Paseo de la Castellana 257 3ª planta, 28046 Madrid

Website:

https://www.merlinproperties.com/en/

Sector:

Real Estate

Industry:

Equity Real Estate Investment Trusts (REITs)

Description

MERLIN Properties SOCIMI, S.A. is one of the leading real estate companies listed on the Spanish Stock Exchange (IBEX-35), focused on the acquisition and management of commercial assets in the Iberian Peninsula. The Company has elected to become a SOCIMI (Spanish REIT regime). The principal activity of the Company is the acquisition, active management, operation and selective rotation of commercial real estate assets in the segment of “Core” and “Core Plus”, mainly in Spain and to a lesser extent in Portugal. The Company is focused on the office, retail and logistics. MERLIN Properties benefits from top qualified professionals leading the management of the portfolio, seeking to maximise the operational efficiency and return on assets. The company aims to remunerate the shareholders through a combination of annual dividend distribution and value enhancement of the EPRA NAV of the Company.