82 // iberian.propery / 2017
MERLIN Properties SOCIMI, S.A. is one of the major
Spanish real estate companies trading on the Span-
ish Stock Exchange and included on the quotation
System (Sistema de Interconexión Bursátil – SIBE
or Continuous Market) since 30 June 2014.
MERLIN Properties is a SOCIMI (Spanish REIT).
The company specialises in the acquisition and
management of commercial property in the Core
and Core Plus segments in the Iberian region.
The company boasts a team of professionals with
extensive and proven experience who manage
the company’s portfolio of assets seeking the
highest operating efficiency and returns. MERLIN
Properties is led by Ismael Clemente, Executive
Chairman and CEO; Miguel Ollero, CFO and COO;
and David Brush, CIO.
www.merlinproperties.comSector Profile
Office
Street Retail
Shopping Center
Logistics
Other
Ismael Clemente
Vice Chairman / CEO
Miguel Ollero
Corporate Managing Director
/ COO
David Brush
CIO
Board Members
Data Collected from
www.merlinproperties.comMadrid
Lisbon
Barcelona
Valencia
Others
Main Investment Cities
Main listed
market
Bolsa de Madrid
Number of
shares issued
469 770 750
Free Float
64,29 %
Last Quotation:
€ 11,52
(07/06/2017)
Capitalization:
€ 5 412 Mn
Gross Asset Value
Q1/17
10 027 Mn €
Nº of assets
1157
EPRA NAV
€ 5.300 Mn
Gross Rents
2016
€ 463 Mn
Gross Yield
5,1%
EBITDA 2016
€ 161 Mn
NET Earnings
(EPRA)
€ 93 Mn
EPRA NAV per
share
€ 11,36




