Merlin Properties with 8.6% Break in Profits in the First Months of 2026
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Markets: Merlin Properties increases its recurrent profit by 3.9% until March after entering 146 million in rents
Merlin raises its revenue by 11% in the first quarter thanks to its data centers. Socimi reduces its net profit by 8.6% and foresees a substantial revaluation of its 'data center' in the semester. Read
The Spanish real estate investment fund, with assets spread across the Iberian Peninsula, recorded an increase in revenue of 11.2%, but was not enough to prevent a break in profit
Merlin Properties has started 2026 with the engines at full performance. The largest Spanish company has closed the first quarter with a total revenue of 153.4 million euros, 11.2% more than in the same period of the previous year, and an operating profit of 87.4 million euros, driven by an increase of 109% in the revenues in data centers. The real engine of Merlin’s investment narrative remains the MEGA plan, its ambitious program of developmen…
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