MERLIN Properties SOCIMI, S.A. (VIE:MERL)

Revenue by Segment

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Corporate Unit	29.60M	15.50M	41.20M	1.55M	1.30M
Corporate Unit Growth	90.99%	-62.38%	2556.35%	19.22%	-
Other	162.00K	96.00K	438.00K	12.35M	6.60M
Other Growth	68.75%	-78.08%	-96.45%	87.05%	-15.83%
Logistics	82.70M	80.79M	77.40M	70.88M	63.03M
Logistics Growth	2.37%	4.38%	9.20%	12.44%	11.26%
Office Buildings	289.97M	282.01M	264.13M	238.30M	221.55M
Office Buildings Growth	2.82%	6.77%	10.84%	7.56%	-1.57%
Shopping Centers	126.59M	121.22M	118.50M	115.95M	90.34M
Shopping Centers Growth	4.44%	2.29%	2.20%	28.34%	30.68%
Data Centers	37.98M	9.04M	3.04M	5.00K	-
Data Centers Growth	320.24%	197.47%	60660.00%	-	-
Total	567.00M	508.65M	504.70M	439.04M	382.83M
Total Growth	11.47%	0.78%	14.96%	14.68%	-13.52%

Revenue by Geography

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Madrid	247.64M	243.20M	222.47M	208.19M	213.59M
Madrid Growth	1.82%	9.32%	6.86%	-2.53%	-1.51%
Catalonia	98.24M	73.52M	73.90M	64.91M	75.61M
Catalonia Growth	33.62%	-0.51%	13.84%	-14.14%	0.76%
Portugal	69.29M	65.11M	65.12M	57.17M	44.43M
Portugal Growth	6.41%	-0.01%	13.90%	28.67%	23.11%
Castille-La Mancha	31.70M	31.78M	28.13M	23.76M	21.64M
Castille-La Mancha Growth	-0.25%	12.95%	18.42%	9.79%	27.24%
Andalusia	21.93M	22.17M	21.93M	19.95M	23.93M
Andalusia Growth	-1.10%	1.10%	9.92%	-16.62%	13.83%
Galicia	19.52M	20.30M	19.23M	16.82M	17.53M
Galicia Growth	-3.81%	5.55%	14.30%	-4.01%	27.83%
Valencia	21.86M	18.76M	20.40M	16.66M	19.72M
Valencia Growth	16.54%	-8.04%	22.43%	-15.52%	16.46%
Basque Country	19.44M	14.73M	13.96M	11.93M	17.69M
Basque Country Growth	31.98%	5.48%	17.06%	-32.56%	11.63%
Rest of Spain	12.25M	10.81M	10.47M	8.76M	28.33M
Rest of Spain Growth	13.27%	3.30%	19.58%	-69.10%	-0.76%
Total	541.86M	500.38M	475.61M	428.15M	462.46M
Total Growth	8.29%	5.21%	11.08%	-7.42%	4.85%

Source: S&P Global Market Intelligence.