BME:MRLREITs
A Look At MERLIN Properties SOCIMI (BME:MRL) Valuation After Its €767.6m Follow On Equity Offering
MERLIN Properties SOCIMI follow on offering: what the new capital means for shareholders
MERLIN Properties SOCIMI (BME:MRL) has completed a follow on equity offering of €767.6m, issuing 56,275,101 new common shares at €13.64. For investors, this raises questions around dilution, capital use and future capital allocation priorities.
See our latest analysis for MERLIN Properties SOCIMI.
At a share price of €13.79, MERLIN’s 30 day share price return of an 8.13% decline contrasts with its 11.03%...