MERLIN Properties Annual Report 2020 / English

| 25 Total take-up amounts to 155,572 sqm, out of which 136,657 sqm correspond to new contracts and 18,915 sqm to renewals. Exits amounted 47,434 sqm, therefore net take-up amounts to positive 89,223 sqm. Main contracts signed in 2020 are the following: The release spread achieved in the contracts renewed or relet in the period amount to 6.0%. LOGISTICS Asset Tenant G.L.A. (sqm) A2-Cabanillas Park I F Luis Simoes 20,723 A2-San Fernando II Pallex 12,555 Zaragoza-Plaza II DSV 11,420 A2-San Fernando II Alfil 10,429 A4-Seseña Carreras Grupo Logístico 9,561 Sevilla Zal Airbus 9,075 Sevilla ZAL WIP 2.5 4 Gasa 8,203 Barcelona-PLZF Sending Transporte y Comunicación 7,668 A4-Seseña Carreras Grupo Logístico 7,132 A2-San Fernando II Alcanor Express 5,408 Release spread # contracts Madrid (9.9%) 1 Barcelona 12.1% 3 Other 12.2% 1 Total 6.0% 5