Spain's Merlin Properties rises as occupancy rates stay high and stable

MERLIN Properties SOCIMI

14/05/2026 08:17

** Shares in Spain's Merlin Properties MRL.MC rise 2.3% after it reported an 11.4% increase in Q1 core profit on Wednesday

** Occupancy across its businesses remained very high and stable at 95%, Merlin said

** "On the operational side, the traditional businesses continue to tick all the boxes and data centre developments are progressing soundly," J.P. Morgan says

** Banco Sabadell says Q1 revenue was strong and the company exceeded expectations in terms of gross rents and cash flow generation

(Reporting by Javi West Larrañaga)

((javier.west@thomsonreuters.com; +34 918 35 61 12))