Merlin Properties

Merlin Properties
TypeREIT (REAL Estate Investment Trust)
BMAD: {{{2}}}
IBEX 35 component
ISINES0105025003
IndustryReal Estate
Founded2014
HeadquartersMadrid, Spain
Key peopleJosé Luis de Mora Gil-Gallardo
RevenueDecrease €541.9 million (2025)
Decrease €786.1 million (2025)
Total assetsIncrease €12.63 billion (2025)
OwnerBanco Santander, Nortia, and BlackRock
Number of employees
295 (2025) Edit this on Wikidata
Websitewww.merlinproperties.com/en/

MERLIN Properties SOCIMI, S.A. is a Spanish real estate investment trust (REIT) focused on the acquisition and management of commercial assets and infrastructure in the Iberian Peninsula. The company operates primarily in the office, shopping center, logistics, and data center segments.

The company is a constituent of several stock market indices, including the IBEX 35, STOXX Europe 600, FTSE EPRA/NAREIT, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and the Dow Jones Sustainability Index (DJSI).

History

Founded in 2014 by former Deutsche Bank executives, the firm expanded its portfolio through the acquisition of Testa from Sacyr in 2015 and the integration of Metrovacesa's commercial assets in 2016.

Board of Directors

The company's Board of Directors consists of the following members:

Board of Directors
PositionName
Chairman of the BoardJosé Luis de Mora Gil-Gallardo
CEO and Vice ChairmanIsmael Clemente
Shareholder RelatedFrancisca Ortega Hernández-Agero
Independent DirectorPilar Cavero Mestre
Independent DirectorJuan María Aguirre Gonzalo
Shareholder RelatedFernando López Muñoz
Independent DirectorInés Archer-Toper
Proprietary DirectorJulia Bayón Pedraza
Independent DirectorOlaf Díaz - Pintado
Independent DirectorRegina Garay Salazar
Independent DirectorMaria Teresa Pulido Mendoza
Secretary (Non-Director)Mónica Martín de Vidales
Deputy Secretary (Non-Director)Ildefonso Polo del Mármol

Management team

The company's management team consists of the following members as of 2024:

Management Team
PositionName
CEO / Vice-ChairmanIsmael Clemente
DirectorMiguel Oñate
DirectorFrancisco Rivas
DirectorLuis Lázaro
DirectorFernando Ramírez
DirectorInés Arellano
DirectorManuel García Casas
DirectorFernando Ferrero
DirectorDavid Martínez

References

  1. 1 2 3 Merlin Properties (2026). "Relevant financial data".
  2. ↑ "Members of the Board of Directors". Merlin Properties. Retrieved 28 April 2026.
  3. ↑ "Management Team". MERLIN Properties IR. Retrieved 28 April 2026.