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Analysts from Sabadell recommend the purchase of shares from Merlin
30 October 2019 | Vanessa Sousa

Considering the «sweet spot» the Spanish REITs are going through right now within the real estate market, Sabadell’s analysts have no doubts: buying shares from Merlin Properties, a REIT listed at the Madrid Stock Exchange, is the way to go.


In that sense, Sabadell is willing to buy shares from Merlin Properties at 15.79 euro per share. This is the price fixed taking into account the potential 21% revaluation which was added to the 13.03 euro/share set at the Stock Exchange this Tuesday, explained the company in a release to which Europa Press had access.

The office as well as the logistic segments are the ones which, according to the analysts, have the best prospects in terms of investment and those are the segments into which Merlin Properties has invested the most during this last year, when it reached a portfolio estimated at 12.300 million euro.

Besides Merlin, the analysts also advise investing in other REITs, such as Lar España In this case, each share is worth 9.82 euro, considering a 22% revaluation over the value per share this Tuesday at the Stock Exchange.

Banco Sabadell accumulated, up until September a total net attributable profit of 783 million euros, representing a year-on-year growth of 216%. And, during the same period, it reduced its total costs in 4%, reaching a value of 2.367 million euro. This is the latest financial data – concerning the third quarter of 2019 – released by the bank last week.