MERLIN Properties Annual Report 2022

28 | Annual report | 2022 The chart of lease contracts maturity (next break) shows a balanced profile. In aggregated terms, in the following three years, the gross rents that have a break option amount to 18% in 2023, 23% in 2024 and 16% in 2025. >2027 2026 2025 2024 2023 Offices Shopping centers Logistics 18% 23% 16% 13% 29% Total LEASE MATURITY PROFILE Total take-up amounts to 68,323 sqm out of which 26,752 sqm correspond to new contracts and 41,571 sqm renewals. Exits amounted to 23,067 sqm, and therefore the net take-up is positive by 3,685 sqm. Main contracts signed in FY22 are the following: The release spread achieved in the contracts renewed or relet in the period amounts to 5.2% SHOPPING CENTERS Asset Tenant G.L.A. (sqm) Marineda Conforama 4,143 Saler Zara 3,229 Artea, Centro Oeste & Bonaire Temdam 3,219 X-Madrid Climbat 1,946 Artea Zara 1,600 Marineda Fitness Park 1,545 Arenas Ikono 1,533 Almada Sportzone 1,163 X-Madrid Outlet Sport 1,056 Marineda New Yorker 1,000 4% 2% 9% 8% 4% 7% 13% 3% 6% 8% 3% 3% 8% 7% 4% 17%