Merlin Properties

Last updated

Merlin Properties
Type Sociedad Anónima
BMAD:  MRL
ISIN ES0105025003
Founded2014
Headquarters,
Spain

Merlin Properties is a Spanish real estate company, structured as a REIT. It is based in Madrid and listed on the Madrid Stock Exchange. It was founded in 2014 by former executives of Deutsche Bank. With the initial support of international investment funds like BlackRock, Principal Financial Group, Marketfield and Invesco it acquired more than 1,000 offices from BBVA. It later acquired the real estate division of Sacyr (Testa) and Metrovacesa. It is a component of the IBEX 35 since 2015. [1]

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References

  1. Simón Ruiz, Alfonso (27 August 2016). "Cómo creció Merlin de 0 a 100 en dos años". Cinco Días (in Spanish). Retrieved 22 April 2018.