Merlin Properties : Operating momentum recovering and well set for 2022
>2021 FFO in line at € 0.58 / share and EPRA NTA up 4.2% to € 16.11 - Merlin Properties reported full-year results slightly ahead of our forecasts and the consensus with 1/ FFO / share at € 0.58 (+4.1% y-o-y) vs € 0.58 est. and consensus at € 0.58 and 2/ EPRA NTA at € 16.11 (+4.2% y-o-y) vs € 15.39 est. and consensus at € 15.60. This performance reflects an encouraging recovery in offices and shopping centres as well as further growth in logistics:Offices (45% of...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.