Brief: Merlin Properties Launches Phase III, Expects It To Stabilise In 2032

MERLIN Properties SOCIMI

10/03/2026 09:35

March 10 (Reuters) - MERLIN Properties SOCIMI SA MRL.MC:

SEES TOTAL CAPEX COMMITMENTS OF 987 MILLION EUROS IN 2026, 1.33 BILLION EUROS IN 2027, 1.49 BILLION EUROS IN 2028, 1.42 BILLION EUROS IN 2029, 849 MILLION EUROS IN 2030

LAUNCHES PHASE III TO MEET DEMAND, THROUGH 3 CAMPUSES READY-TO-GO

PHASE III WITH 4.47 BILLION EURO TOTAL INVESTMENT

DATA CENTRES EXPOSURE TO INCREASE 10X WITH PHASE III ACCOMPLISHED

PHASE III TARGETS 14.7% GROSS YOC, 656 MILLION EURO GRI

EXPECTS PHASE III TO STABILISE IN 2032 WITH FIRST RFS IN 1H29, OVERLAPPING WITH PHASE II

EXPECTS TO START CONSTRUCTION OF TWO 100 MW BUILDINGS BY H2, TOTAL INVESTMENT EXPECTED OF ABOUT 1.9 BILLION EUROS

SEES TOTAL IT CAPACITY (MW) AT 412 AFTER PHASE III

WORKING ON FUTURE PIPELINE TOTALLING 5.1 GW

Source text: nCNM7dSXKd

Further company coverage: MRL.MC

 (Gdansk Newsroom)

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