Merlin Properties : Positive signs of the group’s capacity to bounce back post-crisis
>A resilient operating performance considering the effects of the crisis - Merlin Properties’ H1 2021 results came out slightly above the consensus with FFO / share down -9% y-o-y at € 0.27 (vs consensus of € 0.26) and EPRA NTA NAV / share up +0.6% at € 15.55 (vs consensus of € 15.15):Offices (45% of rents; -2.9% at constant scope (lfl)) – portfolio set to benefit from a minor rebound in H2 2021: rent collection rates are still very high (99.1%), and management e...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.