MERLIN Properties Annual Report 2018 / English
ı 29 ı Annual Report 20 18 Total take-up amounts to 300,707 sqm out of which 141,824 sqm correspond to new contracts (including contracts signed in Torre Glòries and Torre Chamartin, still not forming part of the inventory) and 158,883 sqm to renewals. Exits amounted to 100,232 sqm, and therefore the net take up is positive by 41,593 sqm. Main contracts signed in 2018 are the following: The release spread achieved in the contracts renewed or relet in the period amount to 6.5%, mainly driven by the excellent performance of our core markets, Madrid, Barcelona and Lisbon. OFFICES Asset Tenant G.L.A. (sqm) Trianon Intecsa 14,249 PE Poble Nou 22@ Schneider 11,007 Alcalá 40 Government of Spain 9,315 Torre Glòries Facebook (CCC) 9,135 Torre Glòries Oracle 3,385 PE San Chinarro Técnicas Reunidas 8,595 Torre Chamartin Deloitte 6,046 Avda Burgos 210 Allfunds Bank 6,176 Partenon 12-14 Publicis 5,356 Atica Phone House 5,243 Muntadas I Madia Markt 8,494 Central Office Sitel 3,456 Release spread # contracts Madrid 4.3% 135 Barcelona 14.1% 54 Lisbon 7.4% 24 Total 6.5% 213
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