Radar > 223921

Merlin Properties plans EUR 2bn investment

Merlin Properties estudia invertir EUR 2.000m

Intel ID : 223921
Synopsis

Spanish real estate company Merlin Properties analyzes acquisition opportunities in the Iberian Peninsula, for EUR 2bn. In fact, the company is currently negotiating exclusive investments for EUR 230m, and continues to consider the investment of EUR 1.77bn.

The company will use 56% of the investment amount in office buildings, 13% in shopping centers, 11% in warehouses and logistics centers, and the remaining 20% in several assets with different uses.

Regarding financing these deals, Merlin received the approval from its partners to carry out a capital increase, for an undisclosed amount.

Merlin Properties closed last year with a portfolio of assets valued at EUR 2.23bn and shows a capacity to generate annual revenues of EUR 132m.
(content in spanish)

La compañía inmobiliaria española Merlin Properties está analizando oportunidades de compras de activos inmobiliarios en la Península Ibérica por importe de EUR 2.000m. Del total, la compañía está negociando en exclusiva inversiones por valor de EUR 230m, mientras que continúa analizando los EUR 1.770m restantes.

Entre las inversiones que realiza esta SOCIMI, el 56% corresponde a edificios de oficinas, el 13% a centros comerciales, el 11% a centros o naves logísticas y el restante 20% a activos de varios usos.

En cuanto a la financiación de dichas operaciones Merlin obtuvo el visto bueno de sus socios para realizar una ampliación de capital, cuya cuantía se desconoce por el momento.

La sociedad cerró el pasado ejercicio con una cartera de activos valorada en EUR 2.232m y presenta una capacidad de generar rentas anuales por EUR 132m.

Intel ID 223921
Value EUR 2,00m
Native Currency Euro (EUR)
Financial Data - Merlin Properties
(31 Dec 2023)
Revenue: EUR 462,16m
EBITDA: EUR 10,98m
Net Debt: EUR 4.249,97m
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Target

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.02 Real Estate Investment Trusts (REITs)
25 Financial Services / 25.03 Real Estate

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Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.