MERLIN Properties SOCIMI SA (ES:MRL) has released an update.
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MERLIN Properties SOCIMI SA has reported a notable increase in operating profit of 6.7% to over €230 million in the first nine months of 2024, driven by strong performances across its property portfolios. The company also saw a Moody’s rating upgrade to Baa1 and approved an interim dividend of €0.18 per share. With stable occupancy rates and expanding logistics and shopping center operations, MERLIN shows resilience and growth potential in the real estate market.
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