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    Real estate investment trusts
Meridia Real Estate III SOCIMI SA

Meridia Real Estate III SOCIMI SA

BBME:YMRE
0.77
EUR
0.00
(0.00%)
94.94MMarket Cap
Meridia Real Estate III SOCIMI SA
BME:YMRE
(Spanish Stock Exchange)

Recent

price

0.77

P/E

ratio

- -

div

yld

- -

ROIC.AI

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

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
- -
- -
- -
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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.