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Merlin Properties: Data Centre Growth

REAL ESTATE
  • Merlin Properties (MRLSM: Baa2 pos / BBB+): Data Centre growth

  • El Economista reports that Santander is considering creating a data-centre arm to manage its holdings in Merlin.
  • Merlin currently has 3% of its Gross Asset Value in Data Centres and 16.9% in Logistics.
  • It is planning 50% of all medium-term projects and ultimately 75% to be in Data and eCommerce.

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