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MERLIN Properties SOCIMI SA (MRL.MC)

MRL.MC on Madrid SE C.A.T.S.

12.24EUR
14 Jun 2019
Change (% chg)

€-0.04 (-0.33%)
Prev Close
€12.28
Open
€12.27
Day's High
€12.28
Day's Low
€12.20
Volume
483,181
Avg. Vol
860,034
52-wk High
€12.81
52-wk Low
€10.50

Latest Key Developments (Source: Significant Developments)

Merlin Properties Q1 EBITDA Up At 105 Mln Euros YoY
Monday, 13 May 2019 

May 14 (Reuters) - Merlin Properties SOCIMI SA ::SAID ON MONDAY Q1 REVENUE 132.6 MILLION EUROS VERSUS 124.1 MILLION EUROS YEAR AGO.Q1 GROSS RENTS 131.7 MILLION EUROS VERSUS 121.2 MILLION EUROS YEAR AGO.Q1 EBITDA 105.0 MILLION EUROS VERSUS 97.5 MILLION EUROS YEAR AGO.Q1 NET PROFIT 60.1 MILLION EUROS VERSUS 114.1 MILLION EUROS YEAR AGO.NET EARNINGS NOT COMPARABLE YOY DUE TO THE EXTRAORDINARY GAIN IN Q1 2018 RELATED TO THE CAPITALIZATION OF TESTA RESIDENCIAL SERVICE CONTRACT.NAV 14.94 EUROS PER SHARE AT END-MARCH 2019 VERSUS 13.49 EUROS PER SHARE AT END-MARCH 2018.ADJUSTED FUNDS FROM OPERATIONS (AFFO) (0.16 EURO PER SHARE IN THE QUARTER) ON TRACK TO SURPASS FY 2019 GUIDANCE (0.60 EURO PER SHARE).  Full Article

Merlin Properties Completes Its Refinancing With ESG Indexed Loan
Thursday, 25 Apr 2019 

April 26 (Reuters) - Merlin Properties SOCIMI SA ::SAID ON THURSDAY IT HAD COMPLETED THE REFINANCING OF ITS EXISTING TERM LOAN AND REVOLVING CREDIT FACILITY (RCF) THROUGH A 1.55 BILLION EURO SUSTAINABILITY-LINKED TRANSACTION .THIS FINANCING REPLACES THE 1.7 BILLION EURO TERM LOAN SIGNED IN DECEMBER 2015 (PARTIALLY REPAID THROUGH A BOND ISSUE) AND THE 320 MILLION EURO RCF SIGNED IN JUNE 2016.SAID THE 1.55 BILLION EURO FACILITY CONSISTS OF A 850 MILLION EURO TERM LOAN AND A 700 MILLION EURO RCF.THE FACILITY HAS A FIVE-YEAR TENOR WITH TWO ONE-YEAR EXTENSION OPTIONS TO BE EXERCISED IN 2024 AND 2025 FOR THE RCF.THE ESG INDEXED LOAN HAS BEEN PROVIDED BY 16 NATIONAL AND INTERNATIONAL FINANCING INSTITUTIONS.MERLIN'S RECENT ACTIONS ON ITS LIABILITY POSITIONS WILL REPORT LFL SAVINGS OF 8.2 MILLION EUROS PER ANNUM .  Full Article

Merlin To Pay Gross Dividend Of 0.097 EUR/SHR
Thursday, 11 Apr 2019 

April 11 (Reuters) - Merlin Properties SOCIMI SA ::SAID ON WEDNESDAY TO DISTRIBUTE A GROSS DIVIDEND OF 0.09730 EUROS PER SHARE ON MAY 7, 2019.  Full Article

Merlin Properties 9-Month Gross Rents Up 5.3 Pct YoY
Wednesday, 14 Nov 2018 

Nov 15 (Reuters) - Merlin Properties SOCIMI SA ::SAID ON WEDNESDAY 9-MONTH TOTAL REVENUE 376.1 MILLION EUROS VERSUS 364.0 MILLION EUROS YEAR AGO.9-MONTH GROSS RENTS 371.0 MILLION EUROS VERSUS 352.3 MILLION EUROS YEAR AGO.9-MONTH EBITDA 261.6 MILLION EUROS VERSUS 253.8 MILLION EUROS YEAR AGO.9-MONTH NET PROFIT 481.8 MILLION EUROS VERSUS 475.3 MILLION EUROS.  Full Article

Spain's Merlin will sell Testa stake at IPO for right price
Monday, 7 May 2018 

May 7 (Reuters) - Merlin Properties CEO Ismael Clemente tells a shareholder meeting::Merlin will sell its entire 17 percent stake in rental company Testa at its initial public offering for a reasonable price.Reasonable price would be close to Testa's net asset value.Testa's total net asset value is around 1.83 billion euros ($2.18 billion).  Full Article

Merlin FY Recurring EBITDA Up 29 Pct At 392.6 Mln Euros YoY
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - MERLIN PROPERTIES SOCIMI SA ::SAYS FY GROSS RENTAL INCOME UP 34 PCT AT 469.4 MILLION EUROS .FY NET PROFIT 1.10 BILLION EUROS VERSUS 582.6 MILLION EUROS.FY RECURRING NET PROFIT 289.2 MILLION EUROS.FY RECURRING EBITDA UP 29 PCT AT 392.6 MILLION EUROS.EPRA NAV 13.25 EUROS PER SHARE AT END-DECEMBER VERSUS 11.23 EUROS PER SHARE AT END-DECEMBER 2016.TO PAY COMPLEMENTARY DIVIDEND OF 0.26 EUROS PER SHARE.SEES 2018 DIVIDEND OF AT LEAST 235 MILLION EUROS, WHICH WOULD MEAN OVER 0.50 EUROS PER SHARE.  Full Article

Axiare to buy office property in Madrid for 29.7 mln euros ‍​
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - AXIARE PATRIMONIO SOCIMI SA ::SAYS TO BUY OFFICE PROPERTY IN MADRID OWNED BY METROVACESA FOR 29.7 MILLION EUROS .‍​.  Full Article

Merlin 9-month net profit up at 475.3 mln euros YoY
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - MERLIN PROPERTIES SOCIMI SA ::9-MONTH NET PROFIT 475.3 MILLION EUROS VERSUS 254.9 MILLION EUROS YEAR AGO.9-MONTH GROSS RENTAL INCOME 352.3 MILLION EUROS VERSUS 229.5 MILLION EUROS YEAR AGO.9-MONTH EBITDA 253.8 MILLION EUROS VERSUS 191.1 MILLION EUROS YEAR AGO.EPRA NAV 12.02 EUROS PER SHARE AT END-SEPT. VERSUS 10.71 EUROS PER SHARE AT END-SEPT. 2016.  Full Article

Merlin Properties to pay gross dividend of 0,20 eur/shr
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - MERLIN PROPERTIES SOCIMI SA ::SAID ON MONDAY THE BOARD AGREED TO PAY GROSS DIVIDEND OF 0.20 EURO PER SHARE ON OCTOBER 25.  Full Article

Merlin Properties buys office building in Lisbon for 60.3 mln euros
Friday, 29 Sep 2017 

Sept 29 (Reuters) - MERLIN PROPERTIES SOCIMI SA ::SAID ON THURSDAY BUYS FROM NOVO BANCO OFFICE BUILDING IN LISBON FOR 60.3 MLN EUROS.SAYS BUILDING HAS 63 PERCENT OCCUPANCY RATE.  Full Article

Spanish stocks - Factors to watch on Wednesday

The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: