MERLIN Properties Annual Report 2018 / English

ı 31 ı Annual Report 20 18 Total take-up amounts to 402,196 sqm out of which 168,481 sqm correspond to new contracts and 233,714 sqm to renewals. Exits amounted to 57,546 sqm, and therefore the net take up is positive by 110,936 sqm. Main contracts signed in 2018 are the following: The release spread achieved in the contracts renewed or relet in the period amount to 9.2%, driven by an excellent performance in all markets. LOGISTICS Asset Tenant G.L.A. (sqm) Madrid-Meco II Leroy Merlin 59,814 Barcelona-Lliça del Vall Reckitt Benckiser 14,911 Madrid-San Fernando I GLS 11,179 Madrid-Coslada Complex UPS 7,171 Barcelona-PLZF Molenbergnatie 6,859 Sevilla-ZAL Rhenus Logística 4,320 Madrid-Coslada complex Pikolin 2,850 Release spread # contracts Madrid 8.0% 13 Barcelona 12.2% 10 Other 8.3% 12 Total 9.2% 35 > 2023 2022 2021 2020 2019 14% 23% 13% 14% 37% 25% 28% 20% 11% 16% 21% 12% 13% 14% 39% 1% 1% 0% 96% 2% Offices Shopping centers Logistics High Street Retail