Merlin Properties traded at 15.50 this Tuesday June 2nd, increasing 0.67 or 4.52 percent since the previous trading session. Looking back, over the last four weeks, Merlin Properties gained 7.27 percent. Over the last 12 months, its price rose by 45.00 percent. Looking ahead, we forecast Merlin Properties to be priced at 14.72 by the end of this quarter and at 13.59 in one year, according to Trading Economics global macro models projections and analysts expectations.
MERLIN Properties SOCIMI SA is a Spain-based company engaged in the operation of a real estate investment trust (REIT). The Company focuses on the acquisition, management and rental of commercial properties located in the Iberian Peninsula, primarily in Spain. The Company's activities are divided into the following segments: Office buildings, operating a portfolio of office space; High-street retail, engaged in leasing retail stores; Shopping centers, engaged in managing department stores; Logistics, operating logistics warehouses and distribution centers, and Others. The Company's other activities include property management services rendered to third parties.