Report
Juan Moreno

MRL: Mixed set of 1Q18 results

 

The good news from the larger stake in Testa Residencial could be shadowed by the lower occupancy rates in 1Q18. We do not expect these 1Q18 results to have a significant impact on its share price. We maintain unchanged our Buy recommendation.

Underlying
MERLIN Properties SOCIMI S.A.

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.

Provider
Bankinter S.A.
Bankinter S.A.

Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.

Analysts
Juan Moreno

Other Reports on these Companies
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