MERLIN Properties Annual Report 2024
MERLIN Properties | 21 LEASING ACTIVITY Since the beginning of 2024, or since the acquisition date for the assets acquired during the year, until 31 st December 2024, MERLIN has signed lease agreements amounting to 353,918 sqm, out of which 209,430 sqm corresponds to new leases and 144,488 sqm to renewals Net Out In Rene In Renewals Out Net Shopping centers Logistics Offices 96,766 21,897 47,365 7,843 (42,759) (21,135) 90,767 89,280 (43,411) 47,356 54,007 762 TENANTS MERLIN enjoys a high quality tenant base, broadly diversified. Top 10 tenants represent a 21.3% of the gross annualized rents, while top 20 tenants represent a 31.0% of gross annualized rents Tenant Years as tenant Endesa 22 Inditex 34 Comunidad de Madrid 20 Técnicas Reunidas 19 PwC 15 Hotusa 24 BPI 4 Indra 23 IBM 2 Logista 14 T o p - 2 0 t e n a n t s GRI 31.0% GRI 21.3% T o p - 1 0 t e n a n t s
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