MERLIN Properties Annual Report 2017 / English

ı 41 ı Annual Report 2017 MERLIN continues expanding its logistics footprint trough the developments / WIP program in logistics. As of 31 December 2017, main assets under development / WIP are the following: LOGISTICS GLA (sqm) ERV (€m) Investment (€m) ERV YoC Madrid-Meco II 59,891 2.6 29.5 8.9% Madrid-Pinto II B 29,473 1.1 10.9 9.7% Madrid-San Fernando I 11,165 0.7 9.9 7.5% Madrid-San Fernando II 34,224 1.8 20.3 8.7% Madrid-Getafe (Gavilanes) 39,576 2.3 32.1 7.0% Madrid-Azuqueca II 98,000 4.3 47.6 9.0% Madrid-Azuqueca III 51,000 2.2 29.6 7.5% Guadalajara-Cabanillas Park I F 15,000 0.6 7.7 7.7% Guadalajara-Cabanillas Park II 210,678 8.3 109.6 7.6% Sevilla Zal WIP I 5,400 0.2 2.7 7.9% Zaragoza-Plaza Logistics 11,262 0.5 7.1 7.2% TotaL WIP 565,669 24.6 306.9 8.0%