Meridia Real Estate III SOCIMI SA

Meridia Real Estate III SOCIMI SA

BBME:YMRE
0.77
EUR
0.00
(0.00%)
94.94MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.04
0.12
0.13
0.14
0.13
0.08
0.05
0.05
0.05
0.37
- -
Basic EPS, GAAP
-0.05
-0.05
-0.01
-0.03
0.09
0.13
0.59
-0.02
-0.11
-0.03
- -
Free Cash Flow per Basic Share
-0.03
-0.03
0.04
-0.01
-0.06
-0.22
-0.07
-0.18
-0.05
0.26
- -
Dividend per Share
- -
- -
- -
- -
- -
0.15
0.58
0.05
- -
- -
- -
Book Value per Share
0.45
0.89
-0.04
0.92
1.01
0.99
0.7
0.52
0.41
0.38
0.61
Tangible Book Value per Share
0.45
0.89
-0.04
0.92
1.01
0.99
0.7
0.52
0.41
0.38
0.61
Basic Weighted Avg Shares
79
79
122
122
123
122
123
123
123
123
123
Sales/Revenue/Turnover
3
9
16
17
16
9
6
6
6
46
- -
Operating Margin (%)
-89.59
-43.18
1.97
-0.61
1.86
-117.43
-190.2
-98.25
-94.22
-5.6
- -
Depreciation Expense
1
2
3
4
4
4
3
4
4
4
- -
Net Income, GAAP
-4
-4
-2
-3
11
16
72
-3
-13
-4
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
6.15
- -
- -
- -
- -
- -
Profit Margin (%)
-142.66
-47.23
-9.96
-19.2
67.7
165.64
1,121.82
-43.17
-201.64
-8.28
- -
Working Capital
1
-8
14
-2
13
-7
19
5
5
-31
14
LT Debt
57
91
113
99
142
78
83
85
89
9
47
Total Equity
35
73
3
121
131
128
87
66
52
47
75
Return on Invested Capital (%)
- -
- -
- -
- -
- -
10.15
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
11.94
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-8.23
- -
- -
8.94
12.84
70.01
-3.51
-22.84
-7.78
- -

Capital Structure

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
ST Debt
12
55
- -
LT Borrowings
81
9
47
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
123
123
123
Market Capitalization
102
98
95

Working Capital

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
Total Current Assets
29
31
16
Cash, Cash Equivalents & STI
13
24
12
Accounts Receivable, Net
4
2
1
Inventories
10
- -
- -
Total Current Liabilities
19
62
2
Payables & Accruals
- -
- -
- -
ST Debt
12
55
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-17.87%
-10.17%
Free Cash Flow
- -
-60.65%
-581.4%
Net Income, GAAP
- -
126.49%
-71%
Sales/Revenue/Turnover
- -
107.11%
605.99%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6
2025
- -
- -
46
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.11
2025
- -
- -
-0.03
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Javier Faus Santasusana
Full Time Employees
2
Sector
Finance
Industry
Real estate investment trusts
Address
Barcelona Spain
IPO Date
Dec 27, 2017
Business
Meridia Real Estate III SOCIMI SA is a Spain-based real estate investment trust specializing in the acquisition, development, active asset management, refurbishment, and leasing of prime and value-add commercial real estate assets. Founded in 2016 and headquartered in Barcelona, Spain, the company operates as a specialized investment vehicle managed by Meridia Capital Partners SGEIC, S.A., focusing primarily on high-growth urban and metropolitan markets across Spain, with an emphasis on Madrid and Barcelona. The company provides a comprehensive portfolio of real estate assets and property management operations, including: acquisition, repositioning, and commercial leasing of multi-tenant office buildings, corporate headquarters, and business parks; ownership, development, and leasing of logistics centers, cross-docking warehouses, and industrial distribution platforms; asset management and leasing of retail centers, shopping complexes, and street-level commercial premises; refurbishment and management of hospitality, residential, and mixed-use real estate assets; and property enhancement services encompassing sustainable building renovations, tenant fit-outs, and active asset repositioning. In recent developments, aligning with the planned harvest and maturity phase of its closed-end investment lifecycle, Meridia Real Estate III SOCIMI SA has executed an extensive divestment and capital optimization program. Recent strategic changes include the orderly sale and disposal of core office complexes and logistics assets across Madrid and Barcelona to institutional buyers, successive share capital reductions to return liquidity to investors, distribution of extraordinary dividends funded by divestment proceeds, full and partial amortization of bank financing facilities, and ongoing portfolio rationalization towards the vehicle's long-term liquidation.