Merlin Properties falls 30% from June highs on shifting data center expectations

FinanceInternationalCinco DíasOct 24, 2026, 11:30 PM30 s readAI summary

Merlin Properties has fallen 30% from its June highs and turned negative for the year, down 9%, hitting lows last seen in July 2025. The Spanish socimi is exposed to CoreWeave, which accounts for about 90% of its data center rents and has dropped 38% in October. Despite this, 80.3% of analyst recommendations are buy, according to Bloomberg, and Jefferies reiterated its buy rating this week.

In 30 seconds

Merlin is down 30% from June highs and 9% year to date
About 90% of its data center rents come from CoreWeave, which is down 38% in October
80.3% of recommendations are buy and Jefferies reiterated its buy rating this week

Read the full story at Cinco Días

IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

Merlin Properties
centros de datos
CoreWeave
inteligencia artificial
socimi

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Merlin Properties falls 30% from June highs on shifting data center expectations

In 30 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day