MERLIN Properties Annual Report 2018 / English

ı 88 ı Human capital is a key, distinctive factor at MERLIN. All the Group’s employees have considerable experience, are skilled, qualified and trained to carry out their functions and have a recognised high capacity for work and commitment, as well as honesty in the performance of their duties. Despite their varied origins, all the workers share the Company’s philosophy and are perfectly aligned to achieve its objectives. 20.5 years of average employee experience 1.14% rotation rate 68M€ GAV per employee 71% of employees have received training Excellence MERLIN has a first-rate team, made up of highly skilled professionals with extensive experience in the real estate sector in both Spain and Portugal. Commitment to the organisation The Company’s professionals are firmly committed to a business project which has resulted in MERLIN becoming the leading Spanish REITs and one of the key players in the European market. Efficiency MERLIN’s professionals manage a volume of assets which is 2.8 times greater than that managed by similar companies, in accordance with its philosophy, which is based on both growth and efficiency. Independence The Company has a team of proactive, responsible professionals who are provided with the necessary skills and independence to make decisions. Distinctive aspects of MERLIN’s human capital (1) (1) MERLIN Group includes employees both in MERLIN Properties and its subsidiaries: MERLIN Parques Logísticos, S.A.; GESCENTESTA S.L.; METROPARQUE, S.A.; Parc Logístic de la Zona Franca; SEVISUR Logística, S.A.; VFX Logística.