MERLIN Properties Annual Report 2018 / English

ı 38 ı GLA (sqm) Scope Acquisition Capex % executed Delivery Torre Glòries 37,614 Development € 142m € 27m Phase I 100% Q3-18 Phase II 10% Q2-19 Observatorium Q2-20 Torre Chamartín 18,295 Development € 31m € 38m Phase I 100% Q2-18 Phase II 36% Q3-19 GLA (sqm) Scope Budget Monumental 22,387 Full refurb (incl. SC) € 28.9m Castellana 85 15,254 Full refurb € 25.2m Marqués de Pombal 12,460 Lobby + common areas + exterior terrace € 1.6m Diagonal 605 14,795 Double height lobby + common areas + new retail space € 8.6m LANDMARK I PLAN (OFFICE) LANDMARK PLAN I (ON-GOING) WIP 2018 planned works executed on time and budget. Increased scope of works in (i) Glòries now includes amenities & flex space plus the observatorium, (ii) Torre Chamartin now includes a new parking plus the works to connect directly with the A-1 REFURBISHMENTS AND DEVELOPMENTS