Merlin will focus on current portfolio in 2020

Merlin will focus on current portfolio in 2020

Last year the REIT became a shareholder of Distrito Castellana Norte, following an agreement with San José. According to director Ismael Clemente, Operación Chanartín alone «will guarantee us activity for the next 40 years».

Merlin’s idea is to become one of the society’s major shareholders, so as to «provide the project with future economic viability from a commercial, instead of urban, point of view, since our goal, we never concealed it, is to remain forever», quoted EjePrime.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!