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Merlin’s Profits Soar to €512 Million Driven by a Strong Appreciation in the Value of its Assets

The Socimi's operating profit grew by 4.1%, while its rental income remained stable, recording a slight increase of 0.4%.

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Merlin Properties is managing to dodge the health crisis. The company led by Ismael Clemente closed 2021 with a 0.4% increase in its rental income to reach 505 million euros.

Also, its EBITDA grew by 3.2%, to 377 million euros, and it achieved an operating profit of 273 million euros, up by 4.1% compared to 2020.

Read the full article in Spanish.

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