MRL on Madrid Stock Exchange

Merlin Properties

Logo: Laurasolesdominguez, CC0, via Wikimedia Commons4

Spanish real estate company

MERLIN Properties SOCIMI, S.A. is a Spanish real estate investment trust (REIT) focused on the acquisition and management of commercial assets and infrastructure in the Iberian Peninsula. The company operates primarily in the office, shopping center, logistics, and data center segments. The company is a constituent of several stock market indices, including the IBEX 35, STOXX Europe 600, FTSE EPRA/NAREIT, GPR Global Index, GPR-250 Index, MSCI Small Caps indices and the Dow Jones Sustainability Index (DJSI).2 Its chief executive is Ismael Clemente.1 It employed 295 people in 2025.1 Its shares trade on Madrid Stock Exchange under the symbol MRL.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

2014Founded1

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  • TickerMRL on Madrid Stock Exchange1
  • Industryreal estate development1
  • HeadquartersMadrid1
  • Websitewww.merlinproperties.com
  • Legal formS.A.1
  • LEI959800L8KD863DP30X043
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPaseo de la Castellana 257 3ª planta, 28046 Madrid, Spain3
  • Registered withRegistrars of Spain, 10002923616643
Madrid - CTBA, Edificio Alstom (Aresbank) 03
Photo: Zarateman, CC BY-SA 4.0, via Wikimedia Commons6

MERLIN Properties SOCIMI, S.A. is a Spanish real estate investment trust (REIT) focused on the acquisition and management of commercial assets and infrastructure in the Iberian Peninsula. The company operates primarily in the office, shopping center, logistics, and data center segments.2

Corporate structure

Merlin Properties sits at the top of its group. 6 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Merlin Properties Madrid, Spain
    • MERLIN LOGISTICA SL Subsidiary · Madrid, Spain
    • MERLIN OFICINAS, SL Subsidiary · Madrid, Spain
    • MERLIN RETAIL, S.L. Subsidiary · Madrid, Spain
    • PARC LOGISTIC DE LA ZONA FRANCA S.A. Subsidiary · Barcelona, Spain
    • TREE INVERSIONES INMOBILIARIAS SA Subsidiary · Madrid, Spain

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

The story

Founded in 2014 by former Deutsche Bank executives, the firm expanded its portfolio through the acquisition of Testa from Sacyr in 2015 and the integration of Metrovacesa's commercial assets in 2016.

From Wikipedia’s article on Merlin Properties, shared under CC BY-SA 4.0.5

Leadership

Who has led Merlin Properties, and when. Pick a name to see everywhere that person has worked.

Subsidiaries and ownership

Owners

From Wikidata.1

Employees over time

  • 20252951

Timeline

  1. 2014Founded Founded1