1.0MERLIN Propertieshttps://ir.merlinproperties.com/en/Merlin Propertieshttps://ir.merlinproperties.com/en/author/adminmerlin/MERLIN Properties continues with positive performance achieving a net income of €475 million (+87% vs 9M16) - MERLIN Propertiesrich600338<blockquote class="wp-embedded-content" data-secret="4vjk8AsBnD"><a href="https://ir.merlinproperties.com/en/4264/">MERLIN Properties continues with positive performance achieving a net income of €475 million (+87% vs 9M16)</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://ir.merlinproperties.com/en/4264/embed/#?secret=4vjk8AsBnD" width="600" height="338" title="“MERLIN Properties continues with positive performance achieving a net income of €475 million (+87% vs 9M16)” — MERLIN Properties" data-secret="4vjk8AsBnD" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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- Gross rents: € 352.3 million (+54% vs 9M 2016) - Recurring EBITDA: € 297.7 million (+47% vs 9M 2016) - Recurring FFO: € 221.6 million (+51% vs 9M 2016) - Gross asset value: € 10.6 billion (without quarterly revaluations) - Net asset value per share: € 12.02 (+12.3% vs 9M 2016) - 9M17 Office Release spread: +3.3% • During the first nine months of the year, MERLIN has contracted more than 765,000 sqm, with positive increases in rents in all asset classes. • Most relevant acquisitions in the period is Marques de Pombal 3 in Portugal, landmark building located in the best spot within Lisbon Prime CBD. Additionally, the Company continues executing the 5 year capex program launched at the end of 2016.