MERLIN Properties Annual Report 2019 / English

| 97 Madrid-Coslada Madrid 28,491 Madrid-Coslada Complex Madrid 36,234 Madrid-Getafe Madrid 16,100 Madrid-Getafe (Los Olivos) Madrid 11,488 Madrid-Meco I Madrid 35,285 Madrid-Pinto I Madrid 11,099 Madrid-Pinto II Madrid 58,990 Madrid-Getafe (Gavilanes) Madrid 34,224 Madrid-Meco II Madrid 59,814 Madrid-San Fernando I Madrid 11,179 Madrid-San Fernando II* Madrid 33,423 Madrid- San Fernado III* Madrid 98,942 Toledo-Seseña Castilla La Mancha 28,731 Guadalajara-Alovera Castilla La Mancha 38,763 Guadalajara-Azuqueca I Castilla La Mancha 27,995 Guadalajara-Azuqueca II* Castilla La Mancha 98,757 Guadalajara-Azuqueca III* Castilla La Mancha 51,000 Guadalajara-Cabanillas I Castilla La Mancha 70,134 Guadalajara-Cabanillas II Castilla La Mancha 15,078 Guadalajara-Cabanillas III Castilla La Mancha 21,879 Guadalajara-Cabanillas Park I A Castilla La Mancha 38,054 Guadalajara-Cabanillas Park I B Castilla La Mancha 17,917 Guadalajara-Cabanillas Park I C Castilla La Mancha 48,468 Guadalajara-Cabanillas Park I D Castilla La Mancha 47,892 Guadalajara-Cabanillas Park I E Castilla La Mancha 49,793 Guadalajara-Cabanillas Park I F* Castilla La Mancha 20,723 Guadalajara-Cabanillas Park II* Castilla La Mancha 210,678 Guadalajara-Cabanillas Park Extension* Castilla La Mancha 92,994 Barcelona-ZAL Port Catalonia 727,508 Barcelona-Sant Esteve Catalonia 16,811 Barcelona-PLZF Catalonia 132,796 Zaragoza-Pedrola Zaragoza 21,579 Zaragoza-Plaza Zaragoza 20,764 Zaragoza-Plaza II* Zaragoza 11,421 Valencia* Valencian C. 96,572 Valencia-Almussafes Valencian C. 26,613 Valencia-Ribarroja Valencian C. 34,992 Vitoria-Jundiz Basque Country 72,717 Vitoria-Jundiz II Basque Country 26,774 Sevilla Zal Andalusia 156,760 Lisbon Park Lisbon 224,864 TOTAL LOGISTICS 2,890,459 Asset Location G.L.A sqm AG *Project under development