Trade MERLIN Properties SOCIMI, S.A. - MRL CFD

Merlin Properties Company profile

About MERLIN Properties SOCIMI SA

MERLIN Properties SOCIMI SA is a Spain-based company engaged in the operation of a real estate investment trust (REIT). The Company focuses on the acquisition, management and rental of commercial properties located in the Iberian Peninsula, primarily in Spain. The Company's activities are divided into the following segments: Office buildings, operating a portfolio of office space; High-street retail, engaged in leasing retail stores; Shopping centers, engaged in managing department stores; Logistics, operating logistics warehouses and distribution centers, and Others. The Company's other activities include property management services rendered to third parties.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, MERLIN Properties SOCIMI SA revenues increased 5% to EUR468.2M. Net income increased from EUR56.4M to EUR512.2M. Revenues reflect Malls segment increase of 31% to EUR90.3M, Logistic segment increase of 11% to EUR63M. Net income benefited from Fair Value- Investment Property decrease from EUR84.5M (expense) to EUR177M (income).

Equity composition

4/2015, Rights Issue, 1 new share for every 2 shares held @ @ EUR9.5 (Factor: 1.10395). 7/2015, Rights Issue, 2 new shares for every 3 shares held @ EUR8 (Factor: 1.13482).