MERLIN PROPERTIES: BBVA WINS ARBITRATION PROCESS FOR DCN (ANÁLISIS BANCO SABADELL)
According to the press, BBVA has won the arbitration process against MRL and Grupo San Jose (GSJ) for the sale rights of its stakes in Distrito Castellana Norte (DCN),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.
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