MERLIN Properties Annual Report 2017 / English

ı 27 ı Annual Report 2017 Offices Total take-up amounts to 456,921 sqm out of which 110,583 sqm correspond to new contracts and 346,338 sqm to renewals. Exits amounted to 104,012 sqm, and therefore the net take up is positive by 6,571 sqm. Main contracts signed in 2017 are the following: The release spread achieved in the contracts renewed or relet in the period amount to 3.4%, mainly driven by the excellent performance of our core markets, Madrid, Barcelona and Lisbon. Asset Tenant G.L.A. (sqm) Josefa Valcarcel 45 L’Oreal 19,893 Avenida Europa 1A Renault 12,606 PE Puerta de las Naciones Roche 11,444 Partenon 12-14 Publicis 9,502 Avda de Bruselas 26 Codere 8,895 Avenida Europa 1B Vass 8,439 Eucalipto 25 Mondelez 7,368 Balmes 236-238 Eugin 6,187 Adequa 1 Audi 5,978 Atica 2 Paradigma 5,644 Santiago de Compostela 94 Atento 5,559 Citypark Cornellá Fujitsu 5,447 Partenon 12-14 Amex 4,749 Cristalia Aktua 4,315 Release spread # contracts Madrid 3.3% 169 Barcelona 4.5% 64 Lisbon 5.1% 4 Total (1) 3.4% 237 (1) Excluding other