MERLIN Properties Annual Report 2020 / English

36 | Annual Report | 2020 LOGISTICS (BY GAV) • 3PL mono-client 42% • 3PL multi-client 39% • End user 19% • Madrid 58% • Catalonia 26% • Seville 5% • Basque Country 5% • Other 6% • National 40% • Ports 30% • Regional 27% • Production related 3% By geography By reach By tenant type A broader analysis of the asset portfolio by valuation in the different categories is shown below: • Madrid 74% • Barcelona 16% • Lisbon 9% • Other Spain 1% • Prime + CBD 53% • NBA 39% • Periphery 8% • Multi tenant 68% • Single tenant 32% Otros Lisbon Barcelona Madrid OFFICES (BY GAV) By geography By location By product • Extra-large 33% • Large 32% • Medium 20% • Small 15% • Madrid 25% • Lisbon 20% • Galicia 13% • Catalonia 10% • Valencia 10% • Andalusia 7% • Other 15% Madrid Lisbon • Urban 59% • Dominant 36% • Secondary 5% SHOPPING CENTERS (BY GAV) By size By geography By type