Merlin Properties : H1 24 performance in good shape ahead of potential capital transaction
>H1 24 FFO in line at € 0.31 / share (+0.3% y-o-y) and EPRA NTA stable at € 15.11 - Merlin Properties confirmed its 2024 guidance (i.e. 2024 FFO expected at € 0.59 / share) based on still positive operating momentum in H1 24 and close to expectations, with 1/ FFO / share at € 0.31 (+0.3% y-o-y) vs css of € 0.30, 2/ EPRA NTA at € 15.11 (+0.2% sur 6M) vs css at € 15.02 and 3/ a 2024 dividend expected at € 0.44:Offices (54% of gross rents in H1 24; l-f-l +1.8%): thi...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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