Merlin Properties

Headquarters inMadrid, Spain
Company type	Sociedad Anónima
Traded as	BMAD: MRL
ISIN	ES0105025003
Founded	2014
Headquarters	Madrid , Spain
Number of employees	239 (2023)

Merlin Properties is a Spanish real estate company, structured as aREIT. It is based inMadrid and listed on theMadrid Stock Exchange. It was founded in 2014 by former executives ofDeutsche Bank. With the initial support of internationalinvestment funds likeBlackRock,Principal Financial Group,Marketfield andInvesco it acquired more than 1,000 offices fromBBVA. It later acquired the real estate division ofSacyr (Testa) andMetrovacesa. It is a component of theIBEX 35 since 2015.^[1]

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