Merlin could create a Socimi in Portugal or list on the Lisbon stock market

lisbon

Bankinter |  The company announced in its shareholders´ general assembly yesterday that it would be considering creating a Socimi in Portigal that would be consituted before the end of the year.

On the other hand, Merlin would be considering as well the possibility of a double listing of its shares on the Madrid and Lisbon stock markets, with the aim of “giving the company more visibility and attracting Portuguese savers.  Moreover, the company stressed thatit would invest in land dedicated to the logistics sector and it could analyse some purchase of opportunity in Lisbon.

Positive news for Merlin, which is taking advantage of the company´s solid financial position to continue its international expansion in a market with attractive potential, like Portugal.

 

 

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The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.